Trump Signs TikTok Order With US App Valued at $14 Billion

Bloomberg TechnologyThursday, September 25, 2025 at 8:49:59 PM
PositiveTechnology
Trump Signs TikTok Order With US App Valued at $14 Billion
President Donald Trump has taken a significant step by signing an order that paves the way for American investors to acquire TikTok's US operations from its Chinese parent company, ByteDance Ltd. This deal, valued at around $14 billion, not only aims to secure the app's future in the US but also addresses concerns over data security. This move is crucial as it reflects the ongoing efforts to ensure that American interests are protected in the tech landscape.
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