\n<\/p>\n
The United States<\/span> and China may have agreed on a deal to prevent the social platform TikTok from being banned in the US\u2014if you take US president Donald Trump\u2019s word for it. After a long-awaited call between Trump and Chinese president Xi Jinping on Friday, Trump announced victory on Truth Social: \u201cThe call was a very good one, we will be speaking again by phone, appreciate the TikTok approval, and both look forward to meeting at APEC!\u201d<\/p>\n As for any details on the agreement, good luck. Specifics around the shape and scope of the deal remain largely unclear as of Friday afternoon. More importantly, there\u2019s been no official word from the Chinese government on whether it has agreed to the terms.<\/p>\n \u201cChina\u2019s position on the TikTok issue is clear: The Chinese government respects the wishes of the company in question and would be happy to see productive commercial negotiations in keeping with market rules lead to a solution that complies with China\u2019s laws and regulations and takes into account the interests of both sides,\u201d says China\u2019s official readout of the call, which was posted on the website of China’s Ministry of Foreign Affairs.<\/p>\n The deal being proposed by the Trump administration involves Oracle, Silver Lake, and Andreessen Horowitz leading a group of investors to take a roughly 80 percent stake in TikTok\u2019s US operation, according to The Wall Street Journal. Oracle, which has worked closely with TikTok since 2020, would continue to store US user data on its domestic servers. The new, US-controlled entity would use licensed technology from ByteDance, TikTok\u2019s Chinese parent company, to create a similar content recommendation algorithm to the one TikTok currently employs.<\/p>\n \u201cAny details of the TikTok framework are pure speculation unless they are announced by this administration,\u201d a White House spokesperson tells WIRED.<\/p>\n Key questions remain, for example, on how much control Oracle and ByteDance would each have on TikTok\u2019s US data and algorithm. Trump\u2019s Truth Social post suggests that he will meet with Xi again at the APEC Summit in South Korea in late October, meaning details could emerge after that.<\/p>\n On Thursday, during a joint press conference with UK prime minister Keir Starmer, Trump boasted that the US should receive a \u201ctremendous fee plus\u201d for brokering the TikTok deal. It\u2019s not clear what fee he\u2019s referring to\u2014WIRED asked multiple White House officials, but none replied.<\/p>\n The White House also credited Vice President JD Vance\u2014the top conduit between Silicon Valley billionaires and the West Wing\u2014for playing a key role in the deal. A White House official told WIRED that Sean Cooksey, an adviser to Vance, was \u201cat the forefront\u201d of negotiations on behalf of the vice president.<\/p>\n US efforts to ban TikTok started during Trump\u2019s first term in 2020. Months before he left office, Trump threatened to ban TikTok and another Chinese app WeChat. The Biden administration rescinded Trump\u2019s executive orders on the topic but continued to scrutinize TikTok. The US congress eventually passed the Protecting Americans from Foreign Adversary Controlled Applications (PAFACA) Act in April 2024. This gave TikTok two options: divest from its Chinese ownership before January 19, 2025, or risk a federal ban.<\/p>\n","protected":false},"excerpt":{"rendered":" The United States and China may have agreed on a deal to prevent the social platform TikTok from being banned in the US\u2014if you take US president Donald Trump\u2019s word for it. After a long-awaited call between Trump and Chinese president Xi Jinping on Friday, Trump announced victory on Truth Social: \u201cThe call was a<\/p>\n","protected":false},"author":1,"featured_media":22571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[2153,696,964,257,544,81],"class_list":{"0":"post-22570","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-china","9":"tag-deal","10":"tag-donald","11":"tag-isnt","12":"tag-tiktok","13":"tag-trump"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/22570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22570"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/22570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/22571"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}