Overview

• Two senior White House officials told NBC News the president is expected to act Thursday to keep TikTok operating under a restructured U.S. entity.
• The executive action would declare that the negotiated divestiture complies with the 2024 law and would extend the compliance pause by about 120 days, according to reports.
• Coverage describes a U.S.-majority ownership in which ByteDance would hold under 20% and U.S. investors would control a new governing board.
• Oracle is reported to oversee U.S. data storage and supervise algorithm training in the United States with access from China restricted, subject to final approvals.
• The stakes include roughly 170 million U.S. users and more than $11 billion in 2025 U.S. ad revenue, while formal U.S. documents, corporate details and Chinese signoff remain pending.