Americans to dominate board of TikTok’s US operations: White House

An American-majority board would be established as a result of a deal reached between Washington and Beijing to sell TikTok, the Chinese parent company, in the White House.

White House Press Secretary Karoline Leavitt told Fox News on Saturday that there will be seven seats on the board that regulates the app in the United States. Six of those seats will be Americans.

A deal could be reached “in the upcoming days,” according to Leavitt.

Following a day of talks between US President Donald Trump and Chinese President Xi Jinping to finalize an agreement that will allow TikTok to continue operating in the country despite threats of a ban, Leavitt made his remarks.

Trump referred to the conversation as being “very good call… appreciate the TikTok approval” on his Truth Social platform, but China did not confirm any agreement.

According to reports, Larry Ellison, the billionaire cofounder of Oracle, is a member of an investor group whose businesses are looking to purchase the app.

Leavitt’s confirmation of Oracle’s purchase of TikTok appeared on Saturday.

She told Fox News that “one of the biggest tech companies in America, Oracle, will lead the data and privacy, and America will also have control over the algorithm.”

“All of those details have already been settled,” he said. We just need to sign this agreement right away.

One of the top five social media apps is TikTok, which has over 175 million users in the US.

However, the platform has been the subject of controversy ever since Joe Biden’s administration passed legislation that required the platform to sell its shares to Chinese internet company ByteDance.

Due to security concerns that Beijing might be able to use TikTok’s algorithm to spread Chinese propaganda, both Democrats and Republicans backed the legislation.

Trump signed two executive orders in August 2020 that were intended to restrict the app, as well as a proposal made during his first year as US president to ban TikTok. The US president, however, made a U-turn and pledged to “save” the popular app during his re-election campaign in 2024.