Trump: Deal Reached to Save TikTok in US — 80/20 Ownership, Algorithm License | CNN2.0

📱 President Trump says a deal is in place to keep TikTok operating in the U.S., with a proposed new company owned 80% by American firms and 20% by Chinese firms, pending final sign‑offs after a Trump–Xi call later this week.
🏛️ The U.S. board would hold majority control, including one member appointed by the administration, with Oracle, Andreessen Horowitz, and Silver Lake among expected partners.
🧠 Key wrinkle: the U.S. entity would license TikTok’s algorithm from China, prompting legal and compliance questions as users may need to download a new app version using the same recommendation engine.
⏳ The White House has extended the statutory divestment deadline multiple times, asserting legality amid uncertainty; sources caution nothing is final until both sides formally agree.
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