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    US TikTok deal close? Framework deal reached with China- All you need to know about social media app's looming closure

    2 weeks ago

    TikTok users in the US might avoid a ban as the Trump administration and China have reached a preliminary agreement regarding the platform's ownership. The plan involves transitioning TikTok to American ownership, with Oracle Corp. potentially being a buyer. Trump and Xi are scheduled to discuss and potentially finalize the agreement, addressing concerns about data handling and algorithm control.
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