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Business

TikTok deal will be signed soon, with U.S. control of algorithm, White House says

TikTok White House United States Karoline Leavitt

A deal to bring TikTok's U.S. platform under American ownership is done and should be signed soon, with domestic control of the app's crown-jewel algorithm, White House press secretary Karoline Leavitt said Saturday.

Why it matters: While the White House said Friday a deal was done, Chinese officials gave mixed messages, and the app's fate was left uncertain.

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