CNN 5 Things 6:35 PM ET: TikTok Signs Deal to Sell its US Assets
Dec 18, 2025
A significant deal for TikTok has been announced, aiming to sell its U.S. assets under the scrutiny of U.S. laws. It’s backed by President Trump and sheds light on the complex relationship between social media and national security. There’s a looming requirement for TikTok to separate from ByteDance, or else a ban could be on the horizon. Tune in for all the latest details surrounding this breaking news!
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TikTok Signs Deal To Sell U.S. Assets
- TikTok signed a deal to sell its U.S. assets to American investors, per the CEO memo.
- The move advances TikTok's chance to remain in the U.S. under the new law requiring a spin-off or ban.
Deal Moves TikTok Toward Long-Term U.S. Stay
- The transaction is not complete but moves TikTok closer to a long-term U.S. future.
- This step follows last year's law forcing a U.S. spin-off of the app or a ban.