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US and China agree to agree on a TikTok deal
The long-promised deal to "save" TikTok remains elusive even as the US and China seem to be inching toward an agreement.
But Chinese state-run media reported the call a bit differently, according to The New York Times, saying that Xi conveyed that the government "respects the wishes of the company in question and is glad to see business negotiations in line with market rules and a solution that conforms to Chinese laws and regulations and takes into account the interests of both sides.” The proposed terms reportedly include a brand new app for TikTok's US users that will continue to use ByteDance's technology for its algorithm, US investor control and a multibillion-dollar payday for the Trump Administration. Trump also granted TikTok an extension on a full-on ban for a fourth time, so the two sides now have until December to figure it out.
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