Trump signs order pushing TikTok sale valued at $14 billion.
A new US-led company will now operate TikTok to safeguard national security and protect American user data from foreign influence.
US – (Special Correspondent / Web Desk) – President Donald Trump has signed an executive order to transfer control of TikTok’s U.S. operations to a new American-led company, aiming to resolve national security concerns while keeping the app active for its 170 million American users.
The new company, valued at about $14 billion, will be majority-owned by a consortium of U.S. and global investors, including Oracle, Silver Lake, and Abu Dhabi’s MGX. TikTok’s Chinese parent company, Byte Dance, will retain a minority stake of less than 20% to comply with U.S. law.
A key part of the agreement involves the app’s algorithm. Operation of the algorithm and content moderation will be under the control of the new U.S. venture. All American user data will be stored on U.S. soil in a secure cloud environment run by Oracle. The deal also requires the algorithm to be retrained and intensely monitored by U.S. security partners.
The order delays enforcement of a potential ban for 120 days to allow the deal to be finalized. Vice President JD Vance stated the solution aims to keep TikTok operating while protecting Americans’ data privacy as required by law.
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A New Structure for TikTok in the United States
The agreement creates a joint venture to run TikTok, designed to meet the “qualified divestiture” requirements of the 2024 law. The table below summarizes the key aspects of the new ownership and control structure.
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