US EditionTrump signs executive order approving TikTok U.S. deal, valued at $14 billion
The executive order approves a $14 billion deal where American investors, including Oracle and Silver Lake Partners, will control TikTok's U.S. operations to address security concerns.
- President Donald Trump signed an executive order authorizing a deal to sell TikTok's U.S. assets to a consortium of American investors, marking a significant step towards American ownership of the platform.
- President Donald Trump signed an executive order to authorize a deal for selling TikTok's U.S. assets to mainly American investors, marking progress towards the sale process.
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455 Articles
Oracle, from Larry Ellison, the private equity giant Silver Lake and the MGX, Abu Dhabi, will control about 45% of the company in the United States. TikTok USA is estimated at $14 billion.
The U.S. president has just signed a decree validating the contours of a TikTok buy-back agreement. The redrafting takes stock of what it contains.
Trump clears way for American-owned TikTok valued at $14B - West Hawaii Today
President Donald Trump signed an executive order Thursday 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 clears way for American-owned TikTok valued at $14 billion - Hawaii Tribune-Herald
President Donald Trump signed an executive order Thursday 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.
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