United States And China could agree to the contract to prevent the prohibition of the Tiktok social platform in the United States – if you take the word of US President Donald Trump for this. After the long -awaited phone between Trump and the President of China XI Jinping on Friday, Trump announced a victory for the truth: “The call was very good, we will speak again by phone, we will appreciate the consent of Tiktok and they both are looking forward to the meeting in APEC!”
As for all the data regarding the contract, good luck. Details about the shape and scope of the contract remain largely vague on Friday afternoon. More importantly, the Chinese government was not official words about whether it agreed.
“China’s position on Tiktok is clear: the Chinese government respects the wishes of the company in question and will gladly see productive commercial negotiations in accordance with the market principles leading to the resolution of China’s regulations and regulations and takes into account the interests of both parties,” says the official reading of China, who was, who was, who was, who was who was. Published on the website Chinese Ministry of Foreign Affairs.
The contract proposed by the Trump administration includes Oracle, Silver Lake and Andreessen Horowitz, leading a group of investors to accept about 80 percent The Wall Street Journal. Oracle, who has been working closely with Tiktok since 2020, would run US users on its national servers. The recent US -controlled entity would operate licensed technology from Bytedance, the Chinese home company Tiktok to create a similar content recommendation algorithm for what Tiktok is currently using.
“All details of the Tiktok frame are pure speculations, unless they are announced by this administration,” says Wired White House spokesman.
There are key questions, for example, how much Oracle and Bytedance controls would have everyone on the data and the Tiktok algorithm. At the end of October at the end of October at the end of October at the end of October at the end of October at the end of October at the end of October in South Korea in South Korea, Trump suggests that he will meet again with the 11th APE in South Korea.
On Thursday, during a joint press conference with the prime minister of Great Britain Keir Starmer, Trump boasted that the US should receive a “huge plus fee” via the Tiktok agreement. It is not clear what fee he references – closed asked many White House officials, but none answered.
The White House was also assigned by Vice President JD Vance – the best channel between billionaires from the Silicon Valley and West Wing – for playing a key role in the contract. The White House official told Wired that Sean Cooksey, Vance advisor, was “at the forefront” of negotiations on behalf of the vice president.
The efforts in the US to make Ban Tiktok start during the first term of Trump in 2020 a few months before leaving the office of Trump threatened Ban Tiktok and another Chinese Wechat application. The Biden administration repealed Trump’s executive orders on this subject, but still examined Tiktok. The US Congress finally adopted the act on the protection of Americans against foreign applications controlled by the opponent (Pafaca) in April 2024. This gave Tiktok two options: Breaking from Chinese property before January 19, 2025 or risk a federal ban.