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Following months of negotiations, President Trump has signed an executive order for the US to take over ownership of TikTok from the Chinese company ByteDance.
On Thursday, Trump signed the order, which calls for a joint venture based in the US to run TikTok, including the video-sharing app’s algorithms and content moderation.
The joint venture will be “majority-owned and controlled by United States persons and will no longer be controlled by any foreign adversary,” the order…
