President Donald Trump said on Tuesday that the U.S. and China have a deal that would keep TikTok operating in the United States, transferring its U.S. assets to U.S. owners from China's ByteDance, potentially resolving a saga that has lingered for nearly a year.
A deal over TikTok, with its 170 million U.S. users, marks a breakthrough in long-running U.S.-China talks aimed at easing trade tensions.
"We have a deal on TikTok ... We have a group of very big companies that want to buy it," Trump said, without giving details.
He praised the agreement as a win for both countries, saying it would safeguard "tens of billions of dollars of value".
The agreement still requires approval by Congress, which passed a 2024 law demanding ByteDance divest due to security fears.
Although Trump’s administration delayed enforcement three times, he has credited TikTok with boosting his re-election, and the White House recently launched its own account.
The deal was previously stalled when China resisted during U.S. tariff hikes, but this week officials from both countries reached a framework agreement. A final confirmation is expected Friday during a Trump-Xi call.
Other interested buyers included former Dodgers owner Frank McCourt, a startup led by the OnlyFans founder, and Amazon. Analysts value TikTok at up to $50 billion.
Russian air defence systems destroyed 34 Ukrainian drones that targeted Moscow through repeated attacks overnight and forced a temporary closure of tw...
The U23 World Championship held in Novi Sad, Serbia, is nearing its conclusion. According to Azertag, two members of Azerbaijan’s freestyle wrestlin...
Residents of the historic coastal town of Port Royal worked to secure boats and homes on Sunday, 26 October as Hurricane Melissa churned toward Jamaic...
Early results in Argentina's legislative elections on Sunday showed a landslide victory for President Javier Milei as voters overwhelmingly backed his...
A Czech fundraising drive has raised more than €500,000 in 48 hours to buy a Flamingo cruise missile for Ukraine, organisers said....
Russian air defence systems destroyed 34 Ukrainian drones that targeted Moscow through repeated attacks overnight and forced a temporary closure of two of the city's four airports, Russian authorities said on Monday.
Hurricane Melissa has developed into a Category 4 hurricane heading towards Jamaica and Cuba and is expected to bring catastrophic floods and landslide, the U.S. National Hurricane Centre said on Sunday.
The U23 World Championship held in Novi Sad, Serbia, is nearing its conclusion. According to Azertag, two members of Azerbaijan’s freestyle wrestling team competed in the final bouts.
Residents of the historic coastal town of Port Royal worked to secure boats and homes on Sunday, 26 October as Hurricane Melissa churned toward Jamaica, bringing fears of flooding and powerful storm surge.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Russian air defence systems destroyed 34 Ukrainian drones that targeted Moscow through repeated attacks overnight and forced a temporary closure of two of the city's four airports, Russian authorities said on Monday.
Residents of the historic coastal town of Port Royal worked to secure boats and homes on Sunday, 26 October as Hurricane Melissa churned toward Jamaica, bringing fears of flooding and powerful storm surge.
Early results in Argentina's legislative elections on Sunday showed a landslide victory for President Javier Milei as voters overwhelmingly backed his free-market reforms and deep austerity measures, providing a strong boost for the libertarian leader to continue his economic overhaul.
A Czech fundraising drive has raised more than €500,000 in 48 hours to buy a Flamingo cruise missile for Ukraine, organisers said.
Democratic California Governor Gavin Newsom said in a Sunday interview that he is considering a run for the U.S. presidency in 2028, adding that he will make a decision after the 2026 midterm elections.
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