Trump and bytedance Tout the Tiktok deal, but there are no official details yet

President Trump on Friday Declare The Tiktok deal, which is likely to see the video control platform of an American investor, was approved by the eleventh president of China. The owner of Tiktok bytedance He also issued a general statement The company’s saying will ensure that Tiktok “is still available to American users through Tiktok US”

No more details were provided about the deal at the time.

The two countries were working on a way to save the American Tiktok business, yet Tijook banned in January On national security concerns. This was the ban suspended Several times by the Trump administration amid a consumer and creative reaction against the removal of the application.

This week, Trump has alluded to his Truth Social platform that has been reached a deal and the buyer will be announced soon. A report from the Wall Street Journal confirmed that investors, including Oracle, Silver Lake, and Andresen Horwatz It will carry 80 % in the Tijook entity in the United StatesWith the rest of the Chinese shareholders. The company’s new board of directors will also be largely from the United States, with a member of the board of directors to the United States government itself.

“The invitation was very good, and we will talk again on the phone, and we can agree to Tiktok,” Trump indicated in his social account in fact on Friday, after he said that one of the elements that were taken during the call was the approval of the deal.

on Tiktok websiteThe company participated in a statement attributed to a BYTEDANCE spokesman who reads: “We thank President Xi Jinping and President Donald J