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Trump approves $14 billion TikTok deal via executive order amid employee concerns

1 min read
Source: Business Insider
Trump approves $14 billion TikTok deal via executive order amid employee concerns
Photo: Business Insider
TL;DR

President Trump approved the sale of TikTok's US operations to a consortium including Oracle, valued at around $14 billion, with Oracle auditing the US-specific algorithm to ensure US control, amidst ongoing political and corporate negotiations.

Topics:nation#algorithm-audit#business#deal#oracle#tiktok#us-sale
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  1. Trump approved a $14 billion TikTok deal in an executive order, and employees have big questions  Business Insider
  2. Trump approves TikTok deal through executive order, Vance says business valued at $14 billion  CNBC
  3. Trump signed executive order on TikTok deal. But the deal isn’t complete  CNN
  4. Live updates: Trump signs order for TikTok deal, Vance says U.S. ownership will be worth $14 billion  NBC News
  5. Oracle, Silver Lake, MGX Weigh 45% TikTok Stake, Board Seats  Bloomberg.com

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