TikTok will stay in America after President Donald Trump signed an executive order approving the sale of its U.S. operations to a group of American investors. The deal, worth about 14 billion dollars, prevents the app from being banned and gives millions of users confidence that they can keep using it.
The order delays a national security law that required TikTok’s Chinese parent company, ByteDance, to sell its U.S. business or face a ban. Trump’s move gives TikTok 120 days to complete the sale. ByteDance has not confirmed the deal publicly but said it will follow all rules to make sure TikTok remains available in the country.
As part of the agreement, TikTok U.S. will form a new board of directors, and key parts of the app – such as its algorithm, source code, and moderation system – will move under American control. Oracle will manage security operations and provide cloud services to protect user data. Reports suggest Oracle, Silver Lake, and Abu Dhabi-based MGX will own about 45 percent of the new company.
Trump said the deal makes TikTok “American operated all the way”. Vice President JD Vance added that this shift will make users feel safer knowing their information is more secure and not used for political influence.
This deal is the latest step in a long fight over TikTok’s future. Trump first raised concerns about the app in 2020, and the debate continued during Biden’s presidency. After several deadline extensions, this agreement could finally settle the issue and secure TikTok’s place in the U.S.
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