Overview

• The order reiterates that any divestiture must meet the 2024 law’s national security requirements or the app could be banned.
• Trump said Xi Jinping endorsed the plan, yet Beijing has not confirmed the claim and the Chinese embassy did not comment.
• Vice President JD Vance said the proposed U.S. entity would be valued at about $14 billion and designed to protect Americans’ data.
• Oracle is in talks to help safeguard the recommendation algorithm and join the board, with Silver Lake and Abu Dhabi–based MGX also negotiating stakes, according to people familiar with the discussions.
• The administration’s sale deadline is now December 16 for TikTok’s U.S. operations, which serve roughly 170 million users, and Trump has named Michael Dell and Rupert Murdoch as potential investors.