Trump says a deal is done but the details have not been confirmed by China or the app's owner ByteDance.

The White House said Oracle would be responsible for TikTok's data and security and that Americans will control six of the seven seats for a planned board.

The White House said a deal could be signed "in the coming days", but Beijing is yet to comment.

According to a White House official, TikTok’s American assets are to be primarily owned by US investors and managed by a security-focused board.

Trump says a deal is done but the details have not been confirmed by China or the app's owner ByteDance.

Trump delays TikTok ban, aims to sell U.S. operations to American investors amid Chinese government approval efforts.

Much is still unknown about the actual arrangement, but Trump said Chinese President Xi Jinping “gave us the go-ahead” to proceed with the deal.

White House officials said earlier this week that TikTok reached a preliminary deal to\u00a0sell its U.S. operations\u00a0to an American-based investor group.

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The new order says that the deal to turn over a majority stake in TikTok to a group of U.S. investors meets the terms ordered by Congress, and will allow it to stay online in the…

The new deal comes after the White House delayed enforcement of the ban of the short-form video app four times.

Trump's executive order essentially bars the attorney general or Department of Justice from enforcing that law for 120 days while the divestiture plan presented to the president…

TikTok’s future in the US has been in limbo for over year, but Trump says the US and China finally have a deal

The company will be "operated in the US by a board of directors with national security and cybersecurity credentials, and subject to strict rules to protect Americans’ data and…

Der US-Präsident beteuert, der chinesische Präsident Xi Jinping habe dem Tiktok-Deal zugestimmt. Aber einige Fragen bleiben noch offen – ebenso wie eine Stellungnahme aus Peking.

The president signed an executive order Thursday declaring that the deal – which has qualified to meet national security concerns – would allow the social media app to continue to…

President Donald Trump signed an executive order Thursday to keep TikTok active for 170 million U.S. users with U.S. investors owning 80% of the company.

Uncertainty reigns as Trump claims China approved TikTok deal.