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A central question to TikTok's potential shutdown saga has been whether the popular social video platform would keep its algorithm the secret sauce that powers its addictive video feed after it's divested from Chinese parent company ByteDance. Now, it appears that it can. Wang Jingtao, deputy director of China's Central Cyberspace Affairs Commission, told reporters in Madrid Monday there was consensus on authorisation of the use of intellectual property rights such as (TikTok's) algorithm a main sticking point in the deal. The sides also agreed on entrusting a partner with handling US user data and content security, he said. But while China has agreed that a divested TikTok could use its algorithm, it's uncertain how that would work. What is the deal? Little is known about the actual deal in the works, including what companies are involved and whether the United States would have a stake in TikTok. Li Chenggang, China's international trade representative, said the two sides have
President Donald Trump formally extended the deadline to keep the social media app TikTok available in the United States until Dec 16, giving time to complete the framework of the deal announced Monday after talks between American and Chinese government officials. The executive order signed on Tuesday by Trump was the fourth time he has bypassed federal law to prolong the deadline for the China-associated TikTok to sell its assets to an American company or face a ban. The original deadline was Jan 19 of this year, a day before Trump took the oath of office for his second term. Trump was asked Tuesday about the framework deal he announced a day earlier and repeated that he would discuss TikTok with Chinese President Xi Jinping on Friday. He has said there are companies that want to buy the social media app owned by ByteDance and that details about its potential suitors would be announced soon. I hate to see value like that thrown out the window, Trump said as he departed the White ..