In a significant move, President Trump has signed an order that paves the way for American companies, including Oracle, to take ownership of TikTok. This deal, which is expected to be finalized soon, involves several prominent billionaires who support Trump, such as Larry Ellison and Marc Andreessen. This development is crucial as it addresses national security concerns while potentially reshaping the landscape of social media in the U.S.

President Donald Trump has taken a significant step to secure the US version of TikTok by signing an executive order that facilitates a deal for US investors to purchase its operations from ByteDance. This move aims to enhance the security of user data, with Oracle set to manage the platform's algorithm. Vice President JD Vance estimates the new US company could be valued at around $14 billion, highlighting the importance of safeguarding American users' information while ensuring the platform remains operational.

Today, President Trump is anticipated to sign a significant deal regarding TikTok, which has been a hot topic in U.S.-China relations. This deal could reshape the landscape of social media and international business, especially with the involvement of influential billionaires like Larry Ellison and Marc Andreessen. The outcome is crucial not only for TikTok's future but also for the broader economic ties between the two nations.