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Trump Returns to TikTok, Claims He Saved App as U.S.-Led Deal Awaits Final Sign-Off

The push to restructure TikTok follows a 2024 law requiring ByteDance to divest U.S. assets to address national-security concerns.

Overview

  • Posting his first TikTok since the 2024 election, President Donald Trump told users they "owe me big" and said he kept the platform operating in the U.S.
  • Trump recently signed an executive order approving a U.S. buyer group for a deal reported at about $14 billion, though the transaction is not yet complete.
  • Reported terms assign Oracle to audit and oversee TikTok’s algorithm and data security, with U.S. investors holding roughly 80% and ByteDance retaining about 20% or less.
  • White House officials and news reports say the arrangement remains preliminary, with ByteDance and Chinese authorities yet to publicly confirm and procedural reviews still ahead.
  • Vice President JD Vance relaunched his account as online reaction to Trump’s return ranged from praise to ridicule, underscoring the stakes for an app with roughly 170 million U.S. users.