A deal to bring TikTok's U.S. platform under American ownership is done and should be signed soon, with domestic control of the app's crown-jewel algorithm, White House press secretary Karoline Leavitt said Saturday.
Why it matters: While the White House said Friday a deal was done, Chinese officials gave mixed messages, and the app's fate was left uncertain. • Congress passed a ban last year with bipartisan support, but President Trump has repeatedly ordered his administration not to enforce the law while trying to negotiate a deal.
What they're saying: "We are 100% confident that a deal is done, now that deal just needs to be signed and the president's team is working with their Chinese counterparts to do just that," Leavitt told Fox News, adding that the deal should be signed in "th