Trump Approves Deal Transferring TikTok US Operations to American Investors: What Users Need to Know

Sep 26, 2025 04:36 pm CST

President Trump has signed an executive order approving a deal that transfers majority control of TikTok's US operations to American investors, led by Oracle. Under the agreement, US investors will control 80% of the company and its algorithm, while ByteDance retains less than 20% ownership. The deal ensures TikTok's continued availability in the US while addressing national security concerns through American oversight of data and operations.