Trump Approves TikTok U.S. Deal Amid Security Concerns
TL;DR Summary
President Trump signed an executive order to transfer TikTok's US operations to American ownership, primarily led by Oracle, with the deal separating TikTok from its Chinese parent ByteDance and establishing a new US-controlled version of the app, amid ongoing US-China negotiations and concerns over data privacy and national security.
- Trump signs executive order to transfer TikTok to US owners The Guardian
- Oracle, Silver Lake and MGX will be main investors in TikTok U.S., sources say CNBC
- Trump signs executive order on TikTok deal: what to know NBC News
- Trump Approves TikTok Deal Separating U.S. Operations From China HQ; Oracle Among Backers Of New Joint Venture Deadline
- 'Security from what?': The unanswered questions about how Trump's TikTok deal will work Yahoo Finance
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