TikTok stays in the US? The deal is almost finalized
Published 21-03-2025 | Updated 21-03-2025
- US Vice President J.D. Vance stated that the deal for TikTok will be finalized by April 4.
- The US government demands that the app be controlled by an American company due to national security concerns.
- Oracle, which already has ties with ByteDance, is among the top candidates.
- Other tech giants are also being considered, but Oracle remains the frontrunner.
- Final details are still unknown, but TikTok is likely to stay in the US.
- Meanwhile, Chinese authorities may intervene, as TikTok is a valuable asset for ByteDance.
- Additional legislative changes may impact the final decision.
- Experts believe this deal could set a precedent for future regulation of foreign apps in the US.
- TikTok users express concerns, fearing potential restrictions or changes in the platform’s functionality.