Back to today’s briefing

Story perspectives

US TikTok Faces Shutdown as Sale Agreement Nears

7/7/2025

46 10

Summary

Story summary

TikTok's divest-or-ban law has been active since January, resulting in a one-day US shutdown.
A sale agreement with non-Chinese investors, including Oracle, is close to finalization.
The new version, M2, is set to launch on September 5th, while the original app may shut down by March 2026.
Chinese government approval is still awaited amid tariff negotiations with the Trump administration.

1 of 1

Story summary

TikTok's divest-or-ban law has been active since January, resulting in a one-day US shutdown.
A sale agreement with non-Chinese investors, including Oracle, is close to finalization.
The new version, M2, is set to launch on September 5th, while the original app may shut down by March 2026.
Chinese government approval is still awaited amid tariff negotiations with the Trump administration.