US EditionTrump signs executive order approving TikTok U.S. deal, valued at $14 billion
The new U.S. venture will be majority-owned by American investors controlling about 80% of TikTok's operations to address national security concerns, officials said.
- President Donald Trump signed an executive order allowing a consortium of American investors to take control of TikTok, valuing it at around $14 billion.
- The deal requires ByteDance, TikTok's parent company, to divest and ensures that the app is no longer controlled by a foreign entity, as mandated by U.S. law.
- Vice President J.D. Vance stated that the agreement protects American data privacy and includes American investors controlling TikTok's algorithm to prevent foreign propaganda.
- Trump mentioned his conversation with Chinese leader Xi Jinping, who approved the negotiation, allowing the deal to proceed for the app that has 170 million U.S. users.
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330 Articles
The US President has signed a decree to regulate the sale of the US video platform TikTok's business to investors from the US. For this, the video service will receive a new 120-day grace period.
Trump signs order declaring TikTok sale ready and values it at $14bn
US President Donald Trump signed an executive order on Thursday declaring his plan to sell Chinese-owned TikTok's US operations to US and global investors will address the national security requirements in a 2024 law.
TikTok deal 2025: Donald Trump has signed an order to sell TikTok's US operations. Under this order, control of TikTok America will now pass to new owners. TikTok America's algorithm recommendation, source code, and content moderation system will be transferred to the new owners. This deal will be worth $14 billion.
Trump clears way for American-owned TikTok valued at $14B | Honolulu Star-Advertiser
President Donald Trump signed an executive order today that would help clear the way for a coalition of investors to run an American version of TikTok, one that is separate from its Chinese owner, ByteDance, so that it can keep operating in the United States.
Trump Signs TikTok Deal Giving U.S. Investors Majority Control After Call With Xi - Real News Now
President Donald Trump signed an executive order Thursday approving the transfer of TikTok’s U.S. operations to a consortium of American investors, saying the move followed a “very good talk with President Xi.” Trump, speaking from the Oval Office, said the deal ensures that American investors will hold majority control over the platform, which has long drawn scrutiny for its ties to Beijing-based ByteDance. He is also scheduled to meet Chinese …
Trump executive order clears way for TikTok deal - San José Spotlight
President Donald Trump on Thursday signed off on an agreement on a TikTok sale he said would bring the app into compliance with U.S. law. The agreement gets the app one step closer to complying with a 2024 law that forced ByteDance, TikTok’s China-based corporate owner, to sell the platform or have the app banned in the U.S. “I had a very good talk with President Xi,” Trump said after signing the executive order. “We talked about TikTok, and he …
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