Trump signs executive order to facilitate TikTok deal

President Donald Trump has signed a Executive order It originally approved the sale of Tickets to the American investor group to keep the social media app operate in the country. Vice President JD Vans said that this deal would make us valuable “about $ 1 billion”.

Former President Joe Biden had originally signed by a National Security Act, needed to divest his American business or ban his American business in the United States. The executive order of Trump prevented the Attorney General or the judiciary from enforcing laws for 120 days and the divestcher plan presented to the President was implemented.

Ticket owner Bidance has not yet publicly recognized the contract or executive order, but the issue has been issued on September 7 Statement It will work according to the laws applicable to “Ticktok Tiktok is available to American users in the United States”

Trump said Chinese President Xi Jinping spoke to him and approved him.

Trump said, “I talked to President XI, we had a good thing.” During a briefing with journalistsThe “I told him what we were doing, and he said, ‘go ahead with it.”

The order states that Tiktok ‘US operations will establish a new board of directors and the recommendations of the app in the United States will be transferred under the control of its new owners. Under the terms of the agreement, the Oracle will oversee the protection activities of the app and Tiktok will provide computing services for the United States.

“It is owned by Americans and very sophisticated Americans,” Trump said during the briefing. ” “It’s about to be the American managed all by all.”

Trump said Oracle Ticket would be among US investors in the United States, but did not publish the full list of new owners. CNBC Report That Oracle, Silver Lake and Abu Dhabi -based MGX will get 45 percent of the US company.

Vans said, “This agreement means that Americans can use tickets but in fact it can use more confidence than the past because their data is protected and it will not be used as a weapon in the past,” Vans said.

During the briefing, Trump said that after asking “Every party, every philosophy, every policy will be treated fairly”, you would like to know if the algorithm would show the content of Maga after the agreement.

Trump signed an executive order last week that extended the bydog deadline to divest or ban the US activities of the ticket. It has identified for the fourth time that Trump extended the deadline.

Trump began a push to ban Tickets in 2021 and later received bilateral support during the administration of Biden.