President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion.The deal satisfies the requirements of a national security law requiring China-based ByteDance to sell TikTok's U.S. operations or face an effective ban in the country, according to the executive order. Under the terms, which China must still approve, a new joint-venture company will oversee TikTok's U ...

A White House official says that Oracle will recreate and provide the security for a new version of Tiktok's algorithm. Under the deal, owners of the US, these version of TikTok will lease a copy of the algorithm from Bytedance, and then Oracle is essentially going to serve as the gatekeeper here, continuously monitoring and operating that algorithm, the official said. The data will be kept in a secure cloud and that Bytedance will not have any access to US based users information on the platform.The algori ...

Group 1 - Apple will keep TikTok on its App Store for at least 75 more days after receiving assurances from Attorney General Pam Bondi [1][3] - President Trump signed an executive order to extend the TikTok ban deadline for the second time, requiring ByteDance to sell its U.S. operations under a national security law [2] - The extension of the TikTok ban comes after Trump announced cumulative tariffs of 54% on China, indicating a potential negotiation for tariff reductions to facilitate the sale of TikTok's U.S. operations [5] Group 2 - TikTok briefly went offline for U.S. users in January after the initial ban deadline, and it was unavailable for download until February 13, when Apple reinstated it following a similar assurance from Bondi [4] - AG Bondi's letter indicated that Apple would not be penalized for hosting TikTok, aligning with Trump's deadline extension [3] - Trump suggested that he might reduce tariffs to help facilitate a deal for ByteDance to sell TikTok's U.S. operations, emphasizing the significance of tariffs over the TikTok deal [5]