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Trump hails progress after call with Xi Jinping as China stays cautious

Trump hailed what he called progress with Chinese President Xi Jinping after a phone call on Friday, where the two discussed selling blockbuster app TikTok.

ByteDance’s agreement to sell TikTok puts app’s algorithm in the spotlight – a social media expert explains how the ‘For You’ page works and what’s to come

(THE CONVERSATION) Chinese tech giant ByteDance has signed an agreement to sell a majority stake in its video platform TikTok to a group of U.S. investors. President Donald Trump announced a preliminary agreement for the sale on Sept. 19, 2025, following his negotiation with Chinese leader Xi Jinping.

TikTok US Operations Set to Spin Off Under Deal With Oracle, Silver Lake and MGX

Under the deal, the new TikTok US company will be owned 50% by a group led by Oracle, private equity firm Silver Lake, and Abu Dhabi-backed investment firm MGX. Just over 30% will belong to existing ByteDance investors, while ByteDance itself will keep a 19.9% stake.
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Trump says progress made with Xi to finalize a long-sought TikTok deal

President Donald Trump said at the conclusion of a call with China’s leader Xi Jinping Friday morning that they had made progress to finalize a deal that would sell most of TikTok’s U.S. assets to American investors. The deal would conclude a yearslong ...

TikTok Signs Agreements With Investors in Step Toward Avoiding a U.S. Ban

The Chinese-owned video app formalized commitments from the software giant Oracle and two investment firms as part of a deal to keep operating in the United States.
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