TikTok deal expected to be signed — White House: majority US ownership planned

White House press secretary Karoline Leavitt said a TikTok deal is expected to be signed “in the coming days.” President Donald Trump has also said he “approved the TikTok deal.” Reported key terms include:

• Creation of a new app for U.S. users that will continue to use ByteDance’s algorithmic technology.
• Majority ownership by U.S. investors (TikTok to be “majority owned by Americans in the United States”).
• Reported multibillion-dollar payment tied to the agreement and investor participation from U.S. firms.
• U.S.-China approvals reportedly negotiated, but paperwork and signatures remain to finalize the deal.

Context: The plan revives earlier efforts to force a divestiture or ban of TikTok over national security concerns. Officials say this structure is meant to address those concerns while keeping the app available to U.S. users.

What to watch

• Official signing and publication of the deal documents.
• Details on governance, minority ownership retained by ByteDance (if any), and data/security safeguards.
• How regulators and Congress respond — there may be legal and oversight follow-ups.

Source for further reading: GV Wire — Trump says US has a buyer for TikTok

What do you think: does this deal protect U.S. security while keeping user choice — or is it just a short-term fix? Share your thoughts below.