Trump's TikTok deal: Oracle and Silver Lake to lead US takeover of TikTok; all you need to know

In September 2025, President Trump approved a deal allowing TikTok to operate in the US under American management, satisfying a 2024 national security law. Oracle, Silver Lake, and MGX will hold 45% ownership, with ByteDance retaining a minority stake. This move addresses data privacy concerns while keeping the popular app accessible, balancing security, economic interests, and diplomacy.

from US News Headlines, Latest USA News, US news live on Times of India https://ift.tt/5IxVUa3

No comments:

Post a Comment