The US operations of TikTok will be majority-owned and controlled by Americans under a deal reached this week to spin off the platform from its Chinese ownership, White House Press Secretary Karoline Leavitt said.

A framework deal between the United States and China could pave the way for TikTok to remain in American app stores—though possibly in a different form.

President Trump said Friday that Chinese President Xi Jinping had approved a deal to keep TikTok running in the U.S. after months of uncertainty about the popular video-sharing app’s future under

WASHINGTON, Sept 20 (Reuters) - A U.S.-China agreement on TikTok's U.S. operations includes China's ByteDance choosing one of seven board members for the new entity, with Americans holding the six other seats, a senior White House official said on Saturday.

TikTok’s US operations would be acquired by a consortium that includes Oracle Corp., Andreessen Horowitz and private equity firm Silver Lake Management LLC under a deal President Donald Trump is set to discuss with Chinese President Xi Jinping this week.

The strange saga of the TikTok ban may soon be coming to an end. “We have a deal on TikTok,” the president said on Tuesday. The Wall Street Journal has a few more details on the proposal: