Overview
- Reporting points to an Oracle‑led investor group taking roughly 80% control of U.S. TikTok operations, with ByteDance retaining a minority role and licensing the technology while U.S. user data sits on domestic servers subject to audits.
- Chinese state media said Beijing respects corporate decisions and supports market negotiations consistent with Chinese law, signaling conditional openness to a deal.
- The recommendation algorithm remains the main sticking point, as Beijing is resistant to ceding control and may only allow licensing, which negotiators say could still jeopardize an agreement.
- The federal TikTok ban is frozen until December 16, creating a deadline for finalizing terms, while separate coverage notes a tariff truce through November 10 without new trade concessions announced.
- Trump and Xi agreed to meet at the APEC summit in South Korea and discussed reciprocal state visits, and U.S. media also report—without official confirmation—that Trump declined more than $400 million in Taiwan military aid.