What We Do and Don’t Know About the TikTok Deal
The long-awaited sale of TikTok’s U.S. business appears headed to a final resolution this week after China and the U.S. agreed to the framework for a deal during trade talks in Spain.
A Chinese government official confirmed that China has agreed to let TikTok’s parent, ByteDance, license the TikTok algorithm—which dictates what users see on the app—to the new owners, clearing a key hurdle for any deal.
But many questions remain about both the deal and how the new TikTok U.S. business will operate. Here’s what we know—and what we don’t.