Trump Signs Order Approving TikTok U.S. Deal Valuing It at $14 Billion, Giving Non-Chinese Investors 80% Ownership
PositiveEntertainment

In a significant move for the popular social media platform, President Donald Trump has signed an executive order that allows TikTok's U.S. operations to be predominantly owned by American investors, with a valuation of $14 billion. This decision not only ensures that TikTok remains operational in the U.S. but also shifts control away from its Chinese parent company, addressing national security concerns. The deal is seen as a win for American investors and could reshape the landscape of social media in the country.
— Curated by the World Pulse Now AI Editorial System