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    TikTok's return: Video app will switch to US-controlled ownership; 'terms have been agreed,' says Bessant

    13 hours ago

    Americans may continue using TikTok. A framework deal transfers TikTok's ownership to US control. US Treasury Secretary Scott Bessent announced this after US-China trade talks in Spain. Trump and Chinese Premier Xi Jinping may finalize the agreement soon. The deal addresses national security concerns. TikTok's popularity soared during Covid-19 lockdowns. US officials worried about ByteDance's Chinese origins.
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