TechFlow, on September 26, according to Jinshi Data, at 4:24 PM on September 25 in the United States, Trump signed an executive order in the White House Oval Office approving a deal allowing TikTok to continue operating in the U.S., enabling TikTok to survive in America. The executive order signed by Trump is titled "Saving TikTok Under the Premise of Safeguarding National Security." According to its framework agreement, a newly established U.S.-based joint venture will operate TikTok's U.S. business, with Americans holding a majority stake and control, overseeing TikTok's U.S. algorithms, code, and content moderation decisions. ByteDance and its affiliates will hold less than 20% equity in this joint venture, while the remaining shares will be held by specific investors. The joint venture will be governed by a board of directors and will protect U.S. user data and national security under compliance conditions. (Caixin)
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