TikTok Algorithm Control: U.S. Now in Charge – JD Vance
- * Executive Order Signed: President Trump signed an executive order allowing a deal for TikTok to be put in U.S.
Here are the relevant facts from the provided text:
* Executive Order Signed: President Trump signed an executive order allowing a deal for TikTok to be put in U.S. hands.
* Chinese Approval: The deal was approved by Chinese President Xi Jinping.
* Key Players:
* Oracle & Larry Ellison: Will play a “big” role in managing TikTok, as thay already store much of its U.S. data. Ellison is a Trump ally and donor.
* Rupert Murdoch (Fox Corp): Will be an investor in TikTok.
* Michael Dell: Will sit on TikTok’s board.
* Additional Investors: Three more “blue-chip” backers are involved, but their identities are currently unknown.
* Motivations:
* For Murdoch, a TikTok stake could help reach younger audiences.
* The deal aims to make TikTok “american-operated all the way.”