President Donald Trump has arrived in Japan to meet with the country’s emperor and new prime minister for the second leg of his diplomatic tour of Asia, during which he could finalize a TikTok deal.Treasury Secretary Scott Bessent said a “final deal on TikTok” could happen as early as Thursday,

In the latest episode of As the TikTok Turns, it seems the long-running drama over the app's US future might finally be wrapping up. Treasury Secretary Scott Bessent says the United States and China have reached a final deal that would keep TikTok alive and scrolling on American phones, at least for now.

The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the agreement,

The TikTok US joint venture brings in new money from Oracle, private equity group Silver Lake and Abu Dhabi’s MGX, which are set to take about 45 per cent of the equity. A group of new and existing American investors in TikTok will take 35 per cent.

TikTok is implementing drastic leadership changes that pull the video app closer to the orbit of its parent ByteDance, just as Washington and Beijing are on the cusp of reaching a deal over the app’s future in the U.

TikTok has reached a preliminary deal to sell its U.S. operations to an American-based investor group, the White House said.

An impending ban on TikTok was averted Monday after officials from both countries reached a “framework” of a deal that would allow the popular social media app to continue operating in the U.S. Trump, speaking to reporters Tuesday, said that the U.S ...