This is KCBS Radio's daily Tech and Business Report. Today, KCBS Radio news anchor Eric Thomas spoke with Bloomberg's Ed Ludlow.

We're learning more about the recent deal to keep TikTok up and running here in the US.

President Trump signed an executive order yesterday declaring that the deal will meet the requirements of a 2024 law regarding ownership of the app. The Vice President later issued a statement valuing the company at $14 billion, which is far less than the $35-40 billion valuation analysts had estimated.