China may finally sell TikTok to US investors but keep the algorithm
This is not the first time the Trump administration has claimed it has reached a deal with China to sell TikTok to US investors. However, this time, China backs the claims or at least to some extent. According to Chinese sources, the two sides have reached a "basic framework consensus," which includes licensing the very successful algorithm and other intellectual property rights. If you read between the lines, that means the two sides haven't actually talked specifics, and once again, the September 17 deadline will likely be revised, so that all parties involved will finalize all...
This is not the first time the Trump administration has claimed it has reached a deal with China to sell TikTok to US investors. However, this time, China backs the claims or at least to some extent. According to Chinese sources, the two sides have reached a "basic framework consensus," which includes licensing the very successful algorithm and other intellectual property rights. If you read between the lines, that means the two sides haven't actually talked specifics, and once again, the September 17 deadline will likely be revised, so that all parties involved will finalize all...
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