Vance: US Company’s Ownership of TikTok to Be Worth $14B

Vice President JD Vance said Thursday that the American company that takes over TikTok will get a “good deal” valued at $14 billion.

He also said that the U.S. investors will “actually control the algorithm” of the popular video-sharing app, according to NBC News.

“We actually think this is a good deal for investors, but ultimately the investors are going to make the determination about what they would invest in and what they think is proper value,” Vance said.

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