Summary: A framework agreement between the US and China aims to transition TikTok to US-controlled ownership, addressing concerns about data security and the app’s algorithm. However, the deal’s specifics remain unclear, including whether China will relinquish control of the algorithm and whether the US will have a stake in the company. The agreement’s approval by the Republican-controlled Congress, which passed a law requiring ByteDance to divest TikTok or face a ban, remains uncertain.

Link: https://www.channelnewsasia.com/business/us-china-tiktok-deal-framework-algorithm-trump-xi-jinping-call-5350901