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Work on TikTok deal in a good place: US vice president

Staff WritersReuters
A US law that took effect on January 19 requires ByteDance to divest its ownership of TikTok. (Morgan Hancock/AAP PHOTOS)
Camera IconA US law that took effect on January 19 requires ByteDance to divest its ownership of TikTok. (Morgan Hancock/AAP PHOTOS) Credit: AAP

The US government is expected to present a solution for the Chinese short video app TikTok before a weekend deadline, Vice President JD Vance says.

Vance stated on Fox News that the government is "in a good place" but still needs a couple of days to finalise some aspects.

"We're going to keep on working at it," he said.

US President Donald Trump will announce the solution before the deadline expires, Vance said.

According to a US law, TikTok should have been sold by its China-based owner ByteDance by January 19 or go offline in the United States.

However, Trump granted a 75-day grace period, which expires on Saturday.

Vance mentioned that the aim was to achieve two objectives: "First of all, you want to make sure that the TikTok app in the United States is not spying on people ...

"You also want to give people access to this incredible platform ... where a lot of young people found out about the policies of the Trump administration."

Recently, Amazon expressed interest in buying TikTok, according to a media report.

The world's largest online retailer made the offer in a letter to Vance and Commerce Secretary Howard Lutnick, the New York Times reported.

ByteDance and TikTok have so far stated that it is impossible to sell only the US part of the short video app, as this would break up the platform.

Trump said there are "various ways to buy TikTok" and they will find the one that is best for the US.

Another potential buyer for TikTok is the software company Oracle, which ByteDance has already tasked with securing the data of US users.

with DPA

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