Trump signs the executive order, saying that the Tiktok deal is legal

President Donald Trump has signed an executive thing that puts the final touches on some conditions for the deal to bring American Tiktok business under US control. The new TIKTOK entity will be owned by a group of investors in the United States, while the BYTEDANCE will maintain a smaller share in the new company and maintain the application algorithm.

Tiktok has faced more than a year of uncertainty about its future in the United States since former President Joe Biden Law Last year, the BYTEDAECE matter is required to sell Tiktok or face a ban. In January, Supreme Court Support The law and Tikhak for a short period Darkening Just as Trump took office. Trump immediately signed an executive matter extending the deadline for the ban. (He signed a The fourth extension Last week.) Today’s order announces that the plan to divide an American entity from the company -owned company will meet the prohibition requirements.

The executive matter comes after a The interest wave In Tiktok from American companies and investors. Microsoft, Amazon, Perplexity Ai, founder Alexis Ohanian and YouTube Mrbeast are among those who compete for work.

Under the new ranking, American investors will have a large share in the American entity. CNBC mentioned Oracle, Silver Lake and MGX will be part of a basic set of investors who own 45 percent of business. Trump confirmed the participation of Oracle, and Michael Del and Robert Murdoch also mentioned as investors as part of the deal. The current owner of TIKTOK will get 19.9 per cent and the rest will go to a group of investors who include former investors in bytedance. Vice President JD Vance said the new company will reach about 14 billion dollars.

Oracle, which has previously been partner with the company, will continue to be safe, in its role in overseeing the application and safety algorithm. The fate of the Tiktok algorithm was a major question. Some legislators questioned the decision to license algorithm of bytedance. Earlier this week, both Republican chair And democracy Arrangement The Chinese Communist Party’s selection committee has expressed concerns about any arrangement that does not put the algorithm in American hands.

In answering the questions after Trump signed the matter, Vans told reporters that the deal guaranteed that American investors will control how the algorithm pushes the content towards users. It is “on board” with the deal.