TikTok, a political football, is still up in the air

The political drama surrounding TikTok, the popular Chinese-owned video-sharing app, already seemed to be at a fever pitch in recent weeks: as the clock ticked down on an executive order from Donald Trump that gave the company a deadline to sell the app or be banned, a counter order from the Chinese government prevented TikTok from selling its recommendation algorithm, seen as the app’s “secret sauce.” But as improbable as it sounds, the drama has only intensified—and, in the process, has...