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Trump approves TikTok deal, with the US and ByteDance each controlling a company.
[Trump approves TikTok deal, US and ByteDance each control a company] On September 25, at 4:24 PM US time, Trump signed an executive order in the Oval Office of the White House approving the deal that allows TikTok to continue operating in the US. TikTok survives in the US. The executive order signed by Trump, titled "Saving TikTok while Protecting National Security" (, states that under the framework agreement, TikTok's U.S. operations will be managed by a newly established joint venture headquartered in the United States, with a majority stake and control held by Americans, who will oversee TikTok's algorithms, code, and content moderation decisions.