WASHINGTON, D.C.— Senior White House officials have announced a preliminary deal for an American investor group to acquire TikTok’s U.S. operations, a move aimed at addressing national security concerns and preventing a potential ban on the popular social media platform.

The agreement, which has been in development for months, will establish a new U.S.-based joint venture with majority American ownership. Oracle, a U.S. tech firm, will serve as the security partner, controlling and monitoring TikTok’s core algorithm and storing all U.S. user data on its domestic servers.

President Donald Trump, who is expected to sign an executive order formalizing the deal this week and delaying a ban for 120 days, indicated that the investor group includes prominent figures such as Oracle co-founder L

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