Overview
- The executive order authorizes a 120‑day non‑enforcement extension to complete the transfer, moving the deadline to January 23, 2026.
- ByteDance would hold less than 20% of the new U.S. entity, with a U.S. investor majority and a board structured to give Americans six of seven seats.
- Oracle is designated as the trusted security partner to store U.S. user data on domestic cloud infrastructure and independently oversee protections.
- The framework envisions a licensed copy of TikTok’s recommendation algorithm under U.S. control, re‑trained solely on American user data.
- Vice President J.D. Vance put the new company’s valuation at about $14 billion, and the White House named prospective investors including Larry Ellison’s Oracle, Michael Dell and Rupert and Lachlan Murdoch, while ByteDance representatives did not attend the signing.