Inside Trump's deal to save TikTok

TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance under the terms of a proposed deal between the U.S. and China, a senior White House official tells Axios.

Why it matters: There had been some talk that ByteDance would be required to sell the algorithm in order to satisfy a 2024 law that demands TikTok be controlled by Americans or face a ban...