Trump Signs Order to Secure US Version of TikTok

Trump Signs Order to Secure US Version of TikTok



Trump Signs Order to Secure US Version of TikTok
President Donald Trump advances plans for US investors to buy TikTok’s US operations from ByteDance. With an executive order signed Thursday, Trump declared that the deal, once completed, would protect the data of US users with Oracle managing the algorithm on the American version of the platform. Vice President JD Vance said the new US company would be valued at roughly $14 billion and the platform will be more secure. (Source: Bloomberg)


www.bloomberg.com
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