American Jewish leaders have blamed Tiktok for allowing antisemitism to spread among young people and Israeli Prime Minister Benjamin Netanyahu recently accused China of using the platform to promote anti-Israel sentiment around the world — a charge China denies.

Treasury Secretary Scott Bessent said during a CBS interview that Presidents Donald Trump and Xi Jinping will likely approve a TikTok sale on Oct. 30.

Treasury Secretary Scott Bessent confirmed the U.S. and China have finalized the deal for ByteDance to divest TikTok.

Although the United States leads, it’s not alone on TikTok’s e-commerce map. The study shows that Indonesia ranks second with $6.2 billion, followed closely by Thailand with $5.7 billion. Vietnam also emerges as a growing market, reaching $4.5 billion in platform sales.

China’s Commerce Ministry says Beijing will work with the Trump administration to resolve issues related to TikTok’s ownership.

Treasury Secretary Scott Bessent’s victory lap on a TikTok deal has blown up in his face. President Donald Trump left his meeting with Chinese leader Xi Jinping without any mention of an agreement regarding the app’s future, despite Bessent asserting on Sunday that “we reached a deal on TikTok.”

In today’s Tech Bytes, a deal to keep TikTok operating in the U.S. could be finalized this week. Treasury Secretary Scott Bessent says all the details have been ironed out. An announcement could come Thursday, after President Trump and Chinese President Xi Jinping meet in South Korea.

Iowa claims TikTok violates the Iowa Consumer Fraud Act by misrepresenting the frequency of profanity, sexual content and nudity available to teenage users.