President Donald Trump approved a major deal on 25 September 2025, allowing TikTok to continue operating in the United States under American-led management. The agreement satisfies the requirements of a 2024 national security law, which mandated that China-based ByteDance divest TikTok’s US operations or face a ban. The deal creates a new US-controlled entity in which Oracle and Silver Lake, alongside the Abu Dhabi-based MGX fund, will collectively hold about 45 per cent of the company. ByteDance retains a minority stake of less than 20 per cent. This move addresses national security concerns, ensures data protection for American users, and keeps the hugely popular app accessible while involving prominent US investors. The deal forms a joint venture to manage TikTok’s US operations.

See Full Page