White House Signs Off on TikTok U.S. Sale; Oracle, Silver Lake, MGX, and Others Poised to Lead New Ownership

President Donald Trump on Thursday issued an executive order approving a sale of TikTok’s U.S. operations to a U.S.-led investor consortium, clearing a major legal and political hurdle that has shadowed the short-form video app’s future in the United States. Vice President J.D. Vance said the deal would value TikTok U.S. at “around $14 billion,” […] The post White House Signs Off on TikTok U.S. Sale; Oracle, Silver Lake, MGX, and Others Poised to Lead New Ownership appeared first on Tekedia.

  Business   Sep 26, 2025   0   7  Add to Reading List
White House Signs Off on TikTok U.S. Sale; Oracle, Silver Lake, MGX, and Others Poised to Lead New Ownership

President Donald Trump on Thursday issued an executive order approving a sale of TikTok’s U.S. operations to a U.S.-led investor consortium, clearing a major legal and political hurdle that has shadowed the short-form video app’s future in the United States. Vice President J.D. Vance said the deal would value TikTok U.S. at “around $14 billion,” […]

The post White House Signs Off on TikTok U.S. Sale; Oracle, Silver Lake, MGX, and Others Poised to Lead New Ownership appeared first on Tekedia.

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