Donald Trump indicated that a deal involving TikTok is nearing completion, with multiple investors participating in the arrangement. He expressed optimism about the negotiations, which have been ongoing amid regulatory concerns regarding the app's ownership and data security.

The Trump administration announced a deal to bring TikTok under U.S. ownership, allowing Oracle to oversee American user data and manage the app's recommendation algorithm. This move aims to prevent a ban on the popular platform by licensing the algorithm from its Chinese parent company to an American investor group.

Trump's plan regarding TikTok has encountered significant hurdles due to objections from China, particularly concerning tariffs. The ongoing negotiations and geopolitical tensions are complicating the situation, making it uncertain whether a resolution can be reached that satisfies both parties.

President Trump confirmed a $14 billion deal for TikTok that allows US companies, including Oracle and Michael Dell, to control the app’s content algorithm. This agreement is part of a national security provision requiring TikTok's divestiture from its Chinese parent company, ByteDance. The deal follows Trump's earlier attempts to ban TikTok due to national security concerns.

President Trump revealed that negotiations to save TikTok were disrupted by changes in China's stance due to tariffs. A new ownership structure was being considered to comply with U.S. national security laws, but the evolving geopolitical tensions complicated the agreement.

Treasury Secretary Janet Yellen announced that former President Donald Trump and Chinese President Xi Jinping are set to finalize a deal regarding TikTok on Thursday. This agreement comes amid ongoing discussions about the app's operations in the United States and its implications for data privacy and national security.

Larry Ellison and his son David are positioning themselves to control a significant media empire, including CBS, Paramount, Warner, CNN, and a stake in TikTok following a regulatory push for ByteDance's divestiture. With Ellison's financial power and connections to Trump, they are uniquely poised to navigate current media consolidation trends.

Donald Trump has expressed interest in a deal involving TikTok that would result in the app being sold to American ownership, thereby distancing it from its Chinese parent company. This move comes amid ongoing concerns regarding national security and data privacy related to foreign-owned apps. The situation remains fluid as negotiations and political discussions continue.

President Trump is set to extend the deadline for ByteDance to divest TikTok's U.S. operations for the third time, allowing an additional 90 days to finalize a deal and ensure user data security. This extension comes as the company nears a June 19 deadline imposed by a national security law, which has led to various potential buyers expressing interest in acquiring TikTok's U.S. business.

Trump administration officials have indicated that TikTok will be shut down in the US if China does not approve a deal that allows American control over the app and its algorithm. While the administration pushes for a sale to US buyers, ByteDance contends that national security concerns can be addressed without forcing a sale. The standoff continues as the US demands control over the app's key technology.

President Trump claims he has a group of wealthy buyers interested in acquiring TikTok, which has faced a ban in the US due to national security concerns. The sale would require approval from the Chinese government, and Trump has delayed enforcement of a law mandating the app's sale multiple times while expressing optimism about reaching a deal.

President Trump signed an executive order approving a deal that allows TikTok to continue operating in the U.S., requiring China-based ByteDance to sell its U.S. operations. The new arrangement involves a joint venture with major investors like Oracle and Silver Lake, while ByteDance retains a minority stake. The deal is subject to Chinese government approval and aims to address national security concerns.