TikTok's owner offers to forego stake - sources

Video Credit: Reuters Studio
Published 4 days ago - Duration: 01:21s

TikTok's owner offers to forego stake - sources

China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.

Ciara Lee reports

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Donald Trump

45th president of the United States
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TikTok

Video-sharing application
Illustration by Alex Castro / The Verge

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ByteDance

Chinese multinational internet technology company
Based on wallpaper by Michael Gillett (Wallpaper Hub)

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Illustration by Alex Castro / The Verge

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White House

Official residence and workplace of the President of the United States
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Democrats and Republicans say Mr Trump should not be politicising the seat of presidential power.
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