After months of uncertainty, TikTok has finally signed a deal for a sale to a US entity, easing concerns for investors. The popular social media app, owned by Chinese company ByteDance, has faced scrutiny from the Trump administration over national security concerns.

The deal, which was announced on Friday, has been met with relief from investors who were worried about the app's future in the US market. According to reports, the deal includes agreements with US investors to ensure the app's operations are in compliance with US regulations.

TikTok has become a global phenomenon, with millions of users around the world engaging with its short-form videos. Despite its popularity, the app has faced criticism and regulatory challenges in various countries.

This recent deal comes after months of negotiations and uncertainty, with President Biden's administration taking a more measured approach to the issue. The agreement is seen as a win-win for both TikTok and its investors, with hopes that the app will continue to thrive in the US market.

Overall, the signing of this deal marks a positive turning point for TikTok, as it looks to establish a secure future in the United States.