Friday, 26 September, 2025
Trump Signs Executive Order Valuing TikTok's U.S. Operations at $14B
President Donald Trump signed an executive order approving the sale of TikTok's U.S. operations to American investors, addressing national security concerns. The new U.S.-based company, valued at $14 billion, will control data and the algorithm, with China retaining a minority stake pending further clarification. The deal is set to be finalized by January 20, 2026.
Read full story at Economic Times