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Trump plans to announce a company called TikTok America, with a 50% stake for US investors and 19.9% for ByteDance, which would license the algorithm.

www.capitalbrief.com Trump to unveil TikTok America plan to skirt US ban, says The Information

Amazon has made a surprise last-minute bid to buy TikTok, days before a Saturday deadline for the app to separate from its Chinese owner or be banned in the United States, The New York Times reported citing three unnamed sources.

Trump to unveil TikTok America plan to skirt US ban, says The Information
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