US EditionTrump signs executive order approving TikTok U.S. deal, valued at $14 billion
- President Donald Trump signed an executive order allowing an American-led investment group to buy TikTok's U.S. assets, valued at $14 billion.
- The deal aims to separate TikTok's U.S. operations from its Chinese owner, ByteDance.
- American officials have warned that TikTok's algorithm could be manipulated by Chinese authorities.
- Sun Yun, director of the China program at the Stimson Center, commented that a TikTok deal could aid in ongoing trade negotiations with China.
250 Articles
250 Articles
Trump signs order declaring TikTok sale ready and values it at $14
WASHINGTON: President Donald Trump signed an executive order on Thursday declaring that 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. The new US company will be valued at around $14 billion, Vice President JD Vance said, putting a price tag on the popular short video app far below
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 …
News Wrap: Trump signs order aiming to keep TikTok available
In our news wrap Thursday, President Trump signed an executive order aiming to keep TikTok available in the U.S., investigators revealed the identity and possible motive of the gunman who opened fire on an ICE facility in Dallas and former French president Nicolas Sarkozy was sentenced to five years in prison for criminal conspiracy.
With Trump's new regulation, the way is clear for the sale of Tiktok's US business.
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