Overview
- President Donald Trump posted his first TikTok since the 2024 election, telling young users he "saved" the app after the White House approved a U.S.-led buyer group.
- The executive order authorizes a proposed deal reported at about $14 billion, with Oracle slated to audit TikTok’s recommendation algorithm and oversee its retraining, according to the White House.
- The transaction has not been finalized as ByteDance and Chinese authorities have not publicly confirmed terms, leaving regulatory and legal steps outstanding.
- The move marks a reversal from Trump’s earlier push to ban TikTok, and follows a 2024 bipartisan law requiring ByteDance to divest U.S. operations or face a nationwide ban.
- Reaction on the platform ranged from supportive comments to mockery, including posts pressing Trump to release the so-called Epstein files.