Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...

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The White House claimed on Saturday that the US operations of TikTok will be spun off, its board will be mostly Americans and its algorithm will be controlled in the US, after President Donald Trump ...

This is not the first time the Trump administration has claimed it has reached a deal with China to sell TikTok to US investors. However, this time, China backs the claims or at least to some extent.

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President Donald Trump has signed an executive order that essentially approves the sale of TikTok’s U.S. operations to an American investor group in order to keep the social media app operational in ...

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