Overview

• The decree renews a 120‑day window starting Thursday to finalize a divestiture that keeps TikTok operating in the United States.
• The outlined structure targets roughly 80% ownership by U.S. and allied investors in a new U.S. entity, with ByteDance holding under 20%.
• Vice President J.D. Vance cited an estimated $14 billion valuation for the U.S. business while emphasizing that investors will set the final price.
• Oracle is slated to receive a copy of the U.S. algorithm to inspect, retrain on U.S. data, and provide ongoing oversight of its operation.
• Trump said Xi Jinping signaled support to proceed, though formal Chinese export and licensing approvals remain outstanding and the arrangement is not yet a signed deal.