TIKTOK BAN COULD BE RESOLVED WITHOUT SELLING TO A US COMPANY, SAYS AMERICAN BOARD MEMBER

Summary from the TLDR newsletter

One of ByteDance's directors has suggested that a compromise deal to the TikTok ban may be possible. There are a number of alternative solutions that the company is discussing with the Trump administration that fall short of selling the company. It isn't clear what form that compromise might take, but it may allow the company to continue to operate, albeit with a change of control of some kind. ByteDance is optimistic about the dialogue that is emerging between President Trump and President Xi.