White House Outlines a TikTok Deal With a U.S. Board

News Snapshot:

The White House press secretary, Karoline Leavitt, on Saturday offered a fuller picture of a TikTok deal between the United States and China that would allow the app to continue operating on American phones. She said the software giant Oracle would handle data and privacy for the new American TikTok, and described a new board for the company with a majority of American directors. Speaking on the Fox News program “Saturday in America,” Ms. Leavitt said that “we are 100 percent confident that a deal is done,” but added in the same breath that the deal had not yet been...