Technologies

TikTok’s Fate May Be Decided This Week After Years of Threats and Bans

President Donald Trump and Chinese President Xi Jinping are set to seal a TikTok deal on Thursday, according to Treasury Secretary Scott Bessent.

After years of political wrangling, lawsuits, looming bans and uncertainty for millions of people, TikTok’s long-running dramatic saga might finally conclude this week. Treasury Secretary Scott Bessent said Sunday that US President Donald Trump and Chinese President Xi Jinping are expected to «consummate» a long-negotiated agreement on Thursday, allowing TikTok to continue operating in the US under new ownership terms.

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«The details are ironed out,» Bessent said, stating that his purpose in the negotiations was «to get the Chinese to agree to approve the transaction» and that it was «successfully accomplished.»

It’s possible, of course, that Thursday could come and go without a TikTok deal finalization. Dates and deadlines have been flexible along the way. Trump set numerous deadlines for changes involving TikTok and has bumped those dates several times. TikTok went briefly offline in January hours ahead of a planned ban, but returned the next day.

TikTok’s controversial history in the US

TikTok’s political rollercoaster began in 2020, when Washington first raised alarms about the app’s Chinese ownership and potential data vulnerabilities. Congress passed a 2024 law forcing ByteDance, TikTok’s Beijing-based parent, to divest its US operations or face a total ban. Since then, the video-sharing site has faced multiple executive orders, court challenges and failed acquisition attempts.

The time to make a deal has been running out. The US Supreme Court upheld the divestment order earlier this year, rejecting arguments that a ban would violate free speech. That ruling pushed both sides back to the negotiating table, but there have been numerous delays and shifts to the TikTok deal deadline over the last few months.

Trump signed an executive order on Sept. 25, allowing the new ownership to be US-based and made up of a majority of American investors and stakeholders.

The all-important algorithm

The White House confirmed in September that TikTok’s algorithm will be operated in the United States and overseen by American tech company Oracle. Private equity firm Silver Lake and Michael Dell, founder and CEO of Dell Technologies, will also be among the investors. In September, Trump said that News Corp founder Rupert Murdoch and his son Lachlan Murdoch will also be part of the ownership group, but CNN later reported that the Murdochs’ media company, Fox Corp, would be the investor, not the two Murdochs individually.

TikTok’s algorithm is a major part of the deal. The algorithm is what recommends content to you while you’re scrolling on TikTok, and it is controversial because of US concerns that ByteDance, TikTok’s original Chinese owner, could be forced by the Chinese government to use those recommendations in pro-Chinese, anti-US ways.

Under the new TikTok deal, the algorithm will be retrained on US user data.

What this means for TikTok users

For TikTok users, the alleged deal could preserve access to an app that has become a cultural mainstay in the US, eliminating the looming threat of a shutdown or spinoff app.

As part of the new arrangement, TikTok’s US user data will remain stored domestically and managed by a dedicated oversight board, which may appease many Americans with concerns about data privacy.

Trump and Xi will meet again in Korea on Thursday, which means a TikTok deal could be announced by the end of this week. However, implementing the deal and changing ownership will likely take months.

Oracle co-founder Larry Ellison is a personal friend of Trump, and some users fear his role with TikTok could mean the algorithm could push right-wing political content to users. A recent NPR story reported that analysts say that this could happen, but they will also need to refrain from alienating the existing audience.

Technologies

Verum Messenger Launches an AI Mini-Series

Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels.

The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.

Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.

The first episode premieres today, with the remaining episodes to be released over time.

Stay tuned for more.

Watch on YouTube
Watch on Instagram

Technologies

Verum Finance: Earn While You Communicate — The Super App That Pays You

Verum has officially launched Verum Finance, an innovative financial application that transforms a private messenger into a true financial super app. News of the launch was also featured on the respected platform Dealroom.co.

Verum Finance can now be used both within Verum Messenger and as a standalone application for iPhone and iPad. When users sign in to Verum Finance with their Verum Messenger account, all balances, settings, and account data are automatically synchronized for maximum convenience.

Users can now do more than communicate securely and protect their data — they can also generate passive income directly within the ecosystem.

What Verum Finance Offers

• Top up your balance with a bank card, Apple Pay, or USDT
• Send money instantly anywhere in the world
• Issue and manage debit cards (virtual and physical)
• Full Apple Pay support
• Exchange assets and withdraw funds quickly

One of the most unique features is the built-in cryptocurrency mining system inside Verum Messenger.

The application utilizes your device’s resources and allows you to earn cryptocurrency in the background — passively, while chatting, traveling, or simply using the messenger.

Maximum Privacy + Real Freedom

• Registration without a phone number, email address, or passport
• End-to-end encryption and full control over your data
• Lifetime free VPN
• eSIM connectivity in more than 150 countries
• Reliable offline communication mode
• Support for 12+ languages for users worldwide

Everything is available in one place: secure communication, financial tools, earning opportunities, and privacy protection.

Users can access the full experience directly within Verum Messenger or switch to the dedicated Verum Finance app for iOS. All data is synchronized automatically between the two applications.

Why Download Verum Today

While many messaging platforms collect user data and expose users to restrictions, Verum offers greater independence and the opportunity to earn.

With a one-time purchase of the feature package, users receive lifetime access to privacy tools, VPN, eSIM services, cryptocurrency mining, and financial features.

This is more than just a messenger.

It is your personal tool for financial and digital freedom.

Download Verum Finance and Verum Messenger today — start communicating securely and begin earning tomorrow.

Download Links:

→ App Store (iPhone / iPad): Verum Finance
→ App Store (Verum Messenger): Verum Messenger

Technologies

Verum Finance: A Super App for Private Finance Integrated Into a Messenger

Verum Finance has announced the launch of a new financial application that allows users to manage their money directly within the secure Verum Messenger ecosystem.

The project has already attracted attention from major media outlets. A dedicated feature was published by Forbes Türkiye, while one of the world’s largest cryptocurrency exchanges, MEXC, covered the launch. Yahoo Finance had previously reported on the evolution of Verum Messenger into a comprehensive financial ecosystem.

What Verum Finance Offers

Verum Finance transforms a messenger into a complete financial platform. Users can:

• Manage their balance and top up using bank cards or USDT
• Send money instantly to other Verum users
• Issue and use debit cards, including Apple Pay support
• Exchange assets and withdraw funds
• Access all these services without installing separate banking applications

A strong emphasis is placed on privacy. The platform offers registration without a phone number or email address, end-to-end encryption, and full user control over personal data.

Recognition from Forbes Türkiye

In a dedicated article, Forbes Türkiye highlighted Verum Finance as a notable example of modern privacy-driven fintech. The publication emphasized the growing trend of financial services moving from standalone banking applications into unified messaging ecosystems — a model that has proven successful in Asia through platforms such as WeChat and Alipay and is now expanding globally.

Support from the Crypto Community

Alongside the Forbes Türkiye coverage, news about the launch of Verum Finance was also featured by MEXC, one of the world’s leading cryptocurrency exchanges. This reflects growing interest in the project from both traditional business media and the cryptocurrency community.

A Strategic Vision

“We are building more than a payments application and more than a messenger. Verum is a unified secure ecosystem where communication, finance, and privacy tools work together,” the company stated.

Verum Finance is now available for iPhone and iPad users. The application complements Verum Messenger, which offers anonymous chats, voice and video calls, VPN services, eSIM connectivity, and other tools designed to enhance digital freedom.

Verum Finance: https://finance.verum.im

Verum Messenger: https://verum.im