Reported about 10 hours ago
Treasury Secretary Scott Bessent confirmed that the U.S. and China are set to finalize a deal regarding TikTok, with the two leaders, Trump and Xi, expected to consummate the agreement on Thursday in Korea. This comes after previous discussions in Madrid, where a framework was established, and an executive order was signed to govern TikTok's U.S. operations. Key stakeholders, including Oracle and Fox Corp, will play significant roles in the venture.
Source: YAHOO