After years of political wrangling, lawsuits, looming bans and uncertainty for millions of people, TikTok's long-running dramatic saga might finally conclude this week. Treasury Secretary Scott Bessent said Sunday that US President Donald Trump and Chinese President Xi Jinping are expected to "consummate" a long-negotiated agreement on Thursday, allowing TikTok to continue operating in the US under new ownership terms.

Don't miss any of our unbiased tech content and lab-based reviews. Add CNET as a preferred Google source.

"The details are ironed out," Bessent said , stating that his purpose in the negotiations was "to get the Chinese to agree to approve the transaction" and that it was "successfully accomplished."

It's possible, of course, that Thursday could come and go

See Full Page