Washington, Sep 26 (AP) President Donald Trump has signed an executive order declaring that a proposed deal allowing TikTok to continue operating in the United States will be a qualified sale that meets national security concerns laid out by the law.
President Joe Biden signed legislation last year calling for China's ByteDance to sell TikTok's assets to an American company by early this year or face a nationwide ban, but Trump has repeatedly signed orders that have allowed TikTok to keep operating in the US as his administration tries to reach an agreement for the sale of the social media company.
Much is still unknown about the actual arrangement, but Trump said Chinese President Xi Jinping "gave us the go-ahead" to proceed with the deal. Any major change to the popular video platform could have a huge impact on how Americans — particularly young adults and teenagers — consume information online.
About 43 per cent of US adults under the age of 30 say they regularly get news from TikTok, higher than any other social media app including YouTube, Facebook and Instagram, according to a Pew Research Centre report published on Thursday.
This report includes content sourced from Press Trust of India (PTI), edited for clarity and context.