Trump signs executive order on TikTok deal

25/09/2025 Argaam
Logo ofTikTok

Logo of TikTok

US President Donald Trump on Thursday signed an executive order paving the way for the separation of TikTok’s US operations from its Chinese parent company, ByteDance, in compliance with a law banning platforms controlled by governments deemed “adversaries” by Washington.

 

Under the deal, a consortium including Oracle, Silver Lake, and MGX will acquire a joint 45% stake in TikTok USA, CNBC reported, citing informed sources.

 

US Vice President JD Vance told CNBC that the transaction is valued at $14 billion.

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