The Trump administration revealed additional details on Monday regarding the deal to save TikTok, ensuring the app's safety and security for over 170 million American users.

A senior White House official explained that the administration and China had reached an agreement to transfer TikTok's U.S. operations into a new joint venture based in the U.S., with Americans comprising the majority of the app's investors, owners, and board of directors.

'This deal means that TikTok will be majority owned by Americans in the United States.'

The U.S. government will not take equity in the joint venture. President Donald Trump would like the app's investors to be patriotic, the official remarked, adding that the administration hopes those appointed to the board will have a background in cybersecuri

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