Overview
- Press secretary Karoline Leavitt said TikTok’s U.S. board would have seven seats with six held by Americans, the recommendation algorithm would fall under U.S. control, and Oracle would handle data and security.
- President Trump told Fox News that Rupert and Lachlan Murdoch, Larry Ellison and Michael Dell are likely participants in the U.S. investor group, with some outlets reporting Fox Corp could join the consortium.
- The White House says a framework is settled and ready for signatures, yet Chinese statements have not endorsed a deal and recent signals from Beijing resisted handing over the algorithm.
- Trump has extended enforcement of the divest‑or‑ban law to Dec. 16 as talks continue under the 2024 statute upheld by the Supreme Court, with the app serving roughly 170 million U.S. users.
- U.S. House members met Chinese Premier Li Qiang in Beijing on Sunday in a rare visit intended to help thaw ties as negotiations over TikTok and other issues continue.