Overview

• Posting his first TikTok since the 2024 election, President Donald Trump told young users in a video from the Oval Office that they "owe" him for keeping the app available.
• Trump signed an executive order last week approving a U.S. buyer group to take control of TikTok’s U.S. operations.
• Trump said Oracle and its chairman Larry Ellison will be part of the buyer group.
• White House press secretary Karoline Leavitt said Oracle would audit TikTok’s recommendation algorithm and oversee its retraining to address security concerns.
• The action follows a 2024 bipartisan law requiring ByteDance to divest U.S. assets to avoid a nationwide ban, with TikTok’s American audience estimated at about 170 million users.