Trump Approves TikTok Deal and Plans China Meeting
TL;DR Summary
President Trump signed an executive order allowing the sale of TikTok's U.S. assets to proceed, moving closer to a deal involving Oracle, Silver Lake, and others, though the ownership structure and final terms remain uncertain, with Chinese officials yet to confirm approval.
- 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
- Trump says he and Xi will meet in South Korea in coming weeks and he’ll later go to China AP News
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