Trump signs executive order approving TikTok U.S. deal, valued at $14 billion
- 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.
316 Articles
316 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 …
Donald Trump Signs Executive Order, TikTok To Shift to US Ownership and Control (Watch Video)
US President Donald Trump highlighted his recent discussions with Chinese President Xi Jinping on September 20, during which the TikTok deal was a key topic. Trump further assured that the app, now to be run by American investors and companies, would address key concerns related to security and safety. Donald Trump Signs Executive Order, TikTok To Shift to US Ownership and Control (Watch Video).
Coverage Details
Bias Distribution
- 45% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium