TikTok to operate as a US company, White House adviser says

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White House economic adviser Larry Kudlow told reporters such a move would be a better option than a ban on the app, which was threatened by State ...

White House economic adviser Larry Kudlow told reporters such a move would be a better option than a ban on the app, which was threatened by State Department Secretary Mike Pompeo against the company earlier this month.

"We haven't made final decisions but...I think TikTok is going to pull out of the holding company which is China-run and operate as an independent American company," Kudlow said.Kudlow did not specify whether TikTok's ownership would change under the proposed structure. He declined to comment when asked if U.S. companies could acquire TikTok.

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