BREAKING: TikTok in talks with US to avoid sale

TikTok’s Chinese parent, ByteDance Ltd., is discussing with the U.S. government possible arrangements that would allow the popular video-sharing app to avoid a full sale of its U.S. operations, according to people familiar with the matter.

Discussions around such an option, under way for months, have assumed increased urgency since the Chinese government took steps that make a sale more difficult, the people said.

They take place against a fast-approaching deadline that President Trump imposed for TikTok to agree to a sale.