Tag Archives: TikTok

WASHINGTON (AP) — The chairman of a House committee that pushed for the law demanding TikTok be spun off from its Chinese owners has requested an urgent briefing from the White House, one day after President Donald Trump signed an executive order supporting a proposed deal that would put the popular social video platform under U.S. ownership. In a statement …

Previously, experts had suggested that China had little incentive to follow through with the deal, while as recently as July, ByteDance denied reports that it agreed to sell TikTok to the US, the South China Morning Post reported. Yesterday, Reuters noted that Vice President JD Vance confirmed that the “new US company will be valued at around $14 billion,” a …

ByteDance expected to maintain big role in new US TikTok, sources say  Reuters TikTok’s $14 billion valuation in Trump deal stuns investors  Yahoo Finance TikTok deal sparks criticism over foreign involvement and price tag  The Washington Post Trump’s TikTok deal payment criticized as ‘shakedown scheme’ by experts  NPR Top Republican on House China panel seeks briefing over TikTok deal  The Hill Source link

ByteDance to Get About 50% of TikTok US Profit Under Trump Deal  Bloomberg.com TikTok’s $14 billion valuation in Trump deal stuns investors  Yahoo Finance TikTok deal sparks criticism over foreign involvement and price tag  The Washington Post Trump’s TikTok deal payment criticized as ‘shakedown scheme’ by experts  NPR ByteDance expected to maintain big role in new US TikTok, sources say  Reuters Source link

The Abu Dhabi royal family is to take a stake in TikTok’s US business after Donald Trump signed an executive order brokering a deal valuing the social media company at $14bn (£10.5bn). MGX, a fund chaired by Sheikh Tahnoon bin Zayed Al Nahyan, will take a 15% stake and gain a board seat when TikTok US is spun out. The …

Vice President Vance looks on as President Donald Trump signs an executive order in the Oval Office on Sept 25, 2025 in Washington, DC. Trump signed an order approving a partial sale of TikTok’s U.S. operations, following a 2024 law requiring parent company ByteDance to divest or face a ban. Andrew Harnik/Getty Images hide caption toggle caption Andrew Harnik/Getty Images …

SAVING TIKTOK FROM GOING DARK: Today, President Donald J. Trump signed an Executive Order saving TikTok from a ban while protecting America’s national security. President Trump has determined that the divestiture outlined in a proposed framework agreement, in which TikTok’s U.S. application would be operated by a new joint-venture company based in the United States, is a “qualified divestiture.” It …

Trump signs order allowing TikTok deal to proceed  Axios Trump Clears Way for American-Owned TikTok Valued at $14 Billion  The New York Times 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 What a ‘Win-Win’ TikTok Deal Means to China and the US  Bloomberg.com Source link

The TikTok logo is displayed outside TikTok offices on March 12, 2024 in Culver City, California. Mario Tama/Getty Images North America hide caption toggle caption Mario Tama/Getty Images North America President Trump gave his formal blessing on Thursday to a deal for a consortium of mostly U.S. investors to take over the short video app TikTok, signing an executive order …

Trump signs order declaring TikTok sale ready and values it at $14 billion  Reuters Trump Signs Executive Order Related to TikTok Deal  The New York Times TikTok staff ‘scared for their jobs’ as Donald Trump signs executive order, $14B deal in motion  Hindustan Times Trump signed executive order on TikTok deal. But the deal isn’t complete  CNN Oracle, Silver Lake and MGX will be …