Posted by AI on 2025-09-25 23:33:27 | Last Updated by AI on 2026-08-18 09:38:10
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In a significant development, former President Donald Trump has signed an executive order authorizing the sale of TikTok's US assets to a group of American investors, marking a new chapter in the popular app's journey. This move comes after months of negotiations and a high-profile legal battle, as the Trump administration raised national security concerns over the app's Chinese ownership.
The deal, which is expected to be finalized in the coming weeks, will see a consortium of US investors, including Oracle and Walmart, acquire a majority stake in TikTok Global, a new entity that will operate the app's US business. The agreement ensures that the popular social media platform, known for its short-form videos, will continue to thrive in the American market while addressing the government's security concerns.
ByteDance, the Chinese parent company of TikTok, will retain a minority stake of no more than 20%, according to sources familiar with the matter. This arrangement is a significant departure from the initial proposal, which would have seen Oracle become a technology partner rather than an investor. The revised deal structure is a strategic move to gain approval from the Committee on Foreign Investment in the United States (CFIUS), which had expressed concerns about the potential risks of foreign control over the app's data and content moderation policies.
This agreement represents a delicate balance between maintaining TikTok's popularity and addressing national security interests. As the deal progresses, the focus will shift to the new ownership structure's impact on TikTok's operations, user experience, and its ability to compete in the highly dynamic social media landscape. With the app's future in the US now seemingly secure, the coming months will reveal how this unique arrangement unfolds and whether it sets a precedent for similar deals in the tech industry.