26 Sep 2025 | 5 Mins Read
Trump Approves TikTok Sale for $14 Billion
Flipitmoney
President Donald Trump signed an executive order for the proposed sale of TikTok's US operations. The deal, valued at approximately $14 billion, would reduce Chinese ownership to 20% and be controlled by investors including Larry Ellison, Michael Dell, and Rupert Murdoch. Trump assured the US version will use a domestic algorithm, which will be monitored for undue influence.