President Trump Signs Executive Order to Transfer TikTok’s U.S. Operations to American Investors

President Donald Trump signed an executive order that moves TikTok’s U.S. operations into the hands of a group of American investors, including Oracle co‑founder Larry Ellison. Vice President JD Vance highlighted the involvement of multiple high‑profile investors such as Michael Dell and Rupert Murdoch. The order seeks to shift control of the platform’s recommendation algorithm and data handling away from Chinese ownership, addressing national‑security concerns that have driven months of negotiations and deadline extensions. Read more