TikTok CEO Met With White House About Deal
TikTok CEO Shou Chew met with senior White House officials last week and offered a proposal that included joint venture with U.S. investors, the Wall Street Journal reported.
The new venture would be based in the U.S. and oversee data security, with U.S.-based management and a majority of …
Related Knowledge Center: The TikTok ban
The U.S. Congress passed and President Joe Biden signed into law a measure banning TikTok if it weren’t sold by its Chinese ownership. But now-President Donald Trump gave the service a reprieve, and a sale of its U.S. operations appears imminent.