Sources: the US government and TikTok have reached a preliminary deal to resolve national security concerns without ByteDance selling it but some details remain
A draft agreement with the Biden administration to keep the Chinese-owned video app operating in the United States is under review.
TikTok Seen Moving Toward U.S. Security Deal, but Hurdles Remain https://www.nytimes.com/... A draft agreement w the Biden administration to keep the Chinese-owned video app operating in the United States is under review // Tiktok/Bytedance spending lots of $$s on good dc lobbyis…
this leak probably not constructive for Bytedance/Tiktok's efforts to get a deal... and just another in a long line of Bytedance/Tiktok US PR failures, though hard to blame Bytedance/tiktok PR folks, as they have an impossible job https://twitter.com/...
“Justice Department leading negotiations w TikTok, and its No. 2 official....has concerns that the terms are not tough enough on China...Treasury Dept, which plays a key role in approving deals involving national security risks, is also skeptical” so who is pushing for a deal? ht…
“The two sides have hammered out the foundations of a deal in which TikTok would make changes to its data security and governance without requiring its owner, the Chinese internet giant ByteDance, to sell it...” https://www.nytimes.com/...
As I recall this framework is nearly exactly what was being negotiated at the end of the Trump Admin (right down to @Oracle's involvement) w @tiktok & then ditched by @SecPompeo/Barr because it still didn't totally secure user data https://www.nytimes.com/...
NYT, citing sources: The U.S. and TikTok have hammered out the foundations of a deal in which TikTok would make changes to its data security and governance without requiring its Chinese owner ByteDance sell it. https://www.nytimes.com/...