White House press secretary Caroline Levitte appeared on Fox News today and said that an agreement has been reached – but he was not signed – he would see the American Tiktok operations revolving under the majority of US ownership.
Levitte said that the Americans will occupy six seven seats in the Board of Directors at the Hyle Tiktok, and the short video application algorithm in the United States will be controlled, According to Bloomberg.
“Therefore, all these details have already been agreed, and now we just need to sign this deal and this will happen, and I expect, in the coming days,” Levitte said.
Bloomberg also reported that a senior White House official said that new investors in Tiktok will include Oracle and Andressen Horowitz, and Silver Lake for private stocks, with Oracle responsible for the security and safety of the application. It is said that the current owner bytedance will own less than 20 % of the company outside the company.
President Donald Trump Extend the deadline again and again From the United States bill prohibits tiktok if it is not sold to its new owners. On Friday, Chinese President Xi Jinping was he had Agree on the deal.
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