#Firstpost #FirstpostNews: Trump Signs Off on TikTok Deal; ByteDance to Hold Minority Stake | N18G
#FirstpostNews: Trump Signs Off on TikTok Deal; ByteDance to Hold Minority Stake | N18G
U.S. President Donald Trump has signed an executive order endorsing a plan to keep TikTok active in the U.S., valuing its American arm at about $14 billion. Under the proposed structure, a new joint-venture would run TikTok’s U.S. operations, with ByteDance retaining under 20%.
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