Trump agrees to the Tiktok deal through the executive order for $ 14 billion

President Donald Trump On Thursday, an executive thing that agrees to a proposal would be made to keep Tiktok alive in the United States in a deal. Vice President JD Vance said the company’s value is $ 14 billion.

The deal meets the requirements of the National Security Law, which requires China to sell US Tiktok or facing an effective ban in the country, according to the executive. Under the conditions, which are still approved by China, a new joint company will supervise to participate in the American Tiktok business, while maintaining a follow -up less than 20 %.

Giant Technology Foundation OracleSilver Lake and MGX Investment Fund, which is based in Abu Dhabi, will be major investors in the American Tiktok business, where they control about 45 % in the entity, while investors will have 35 % BYTEDANCE, CNBC’s David’s David’s I mentioned Earlier Thursday.

There were no representatives from bytedance in the signature, and the company did not recognize that the transaction was taking place. No purchase has been mentioned, and there is no indication that the Chinese government has made changes to the laws that will be necessary until it is agreed.

President Trump said Chinese President Xi Jinping gave the deal to move forward. Vans said the Chinese government put some resistance before the agreement.

Under the planned arrangement, Oracle It will supervise the safety of the application and continue to provide cloud computing services for the new US Tiktok, according to Faber, citing sources familiar with the deal. Trump, CEO of Oracle Larry Ellson He participates in the ownership group and that his company “plays a very big role.”

“She is owned by very advanced Americans and Americans,” Trump said in the signature. “This will be an American working all the way.”

Sources told Faber that the bytedance investors such as General Atlantic, Susquehanna and Sequoia are expected to contribute to property rights to the new Tiktok us. It was supposed to be value At 330 billion dollars last month. Analysts they have Previously estimated The value of the American Tiktok operations may range from $ 30 billion to 35 billion dollars.

The deal does not include the federal government share shares or the so -called gold share in the American Tijook operations, CNBC I mentioned Monday.

Trump said during the weekend that Baron is the conservative media Robert Murdoch His son Lachlan Murdoch can participate in the Tiktok deal as well as Elison and Dell Techniques CEO Michael del.

Last week, the president signed an executive extended The deadline of bytedance to strip the American Tiktok operations or is originally subject to the National Security Law Fell By former President Joe Biden.

It is prohibited from the Ministry of Justice from enforcing National Security Law Until December 16. This law punishes the applicants of the application store apple and Google Internet service providers to provide services for US Tiktok operations.

He watches: The White House press secretary says Trump will sign the Tikhak deal.