TikTok Ownership Deal on Track, VP JD Vance Confirms as Deadline Nears
Vice President JD Vance confirms that TikTok’s U.S. ownership deal is moving forward, with a resolution expected before the April 5 deadline.
The U.S. government is making steady progress in its effort to transfer TikTok’s ownership to an American company before the April 5 deadline. Vice President JD Vance expressed confidence that the process is moving in the right direction, stating, “It'll come out before the deadline. I think that we're in a good place. We're going to keep on working at it.”
The push for new ownership comes amid concerns over TikTok’s ties to its China-based parent company, ByteDance. Lawmakers argue that shifting control to a U.S. company would help protect user data and address national security risks. Several American investors are reportedly in the running to acquire TikTok, though no final agreement has been announced.
If a deal isn’t reached by the deadline, TikTok could face stricter regulations or even a ban in the U.S., affecting millions of users and businesses that rely on the platform. As discussions continue, the next few days will be crucial in determining TikTok’s future in the country.
Also Read: Trump's TikTok Deal Faces Legal Challenges as April 5 Deadline Approaches
