Trump Approves TikTok U.S. Deal Amid Security Concerns
TL;DR
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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