US EditionTrump signs executive order approving TikTok U.S. deal, valued at $14 billion
The $14 billion deal transfers majority control of TikTok’s U.S. operations to American investors, including Oracle, addressing national security concerns and data privacy.
- On Thursday, President Donald Trump approved an agreement that allows a group of American investors to take control of TikTok’s U.S. operations, with the company’s valuation reported at $14 billion.
- The agreement responds to a 2024 federal law requiring ByteDance, TikTok's China-based parent company, to divest to U.S. owners or face a ban, which was briefly imposed in January.
- The new U.S. TikTok company will be controlled by non-Chinese investors including Oracle, MGX, and Silver Lake, with Oracle overseeing data security and algorithm operation outside ByteDance's control.
- Vice President JD Vance stated the deal meets national security requirements, keeps TikTok accessible, protects American data privacy, and that the company is set to be valued at $14 billion.
- The executive order allows negotiators until mid-January to finalize details and includes a 120-day enforcement pause, indicating progress while some ownership details remain undisclosed.
508 Articles
508 Articles
Trump signs executive order approving takeover of TikTok by US investment consortium
The Trump White House issued an executive order on Thursday called, “Saving TikTok While Protecting National Security,” that approves the framework for a deal to place the Chinese-based social media platform under more than 80 percent US corporate ownership.
Todayville
LifeSiteNewsTrump approves deal for majority-American control of controversial app TikTok
From LifeSiteNews By Calvin Freiburger A new majority-American joint venture will control most of TikTok in the United States, with China-linked ByteDance retaining under 20 percent. President Donald Trump signed an executive order on Thursday approving a deal to place social video platform TikTok under predominantly American control, though questions remain as to whether the arrangement severs enough of the app’s ties to the Chinese government …
Eldiario.es
elDiarioARThe agreement on TikTok marks a historic turn: the US adds to China’s and Russia’s vision of a fragmented network and different rules for each country The history of the Internet is not closed. The network’s map seems stabilized since the first wave of submarine cables woven an interconnected global space, but the reality is that the tectonic plates of the digital world never stopped moving. For years, the forces trying to separate them have int…
The TikTok deal raises more questions than answers
Following months of delays, President Donald Trump has signed an executive order that's supposed to "save" TikTok. Trump claims the deal will make the app "American-operated," fulfilling the divest-or-ban law that threatened the China-owned app's presence in the US. But the Trump administration didn't reveal any information about who will own TikTok's US operations, or how much they'll own. And questions remain about whether the new agreement - …
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