Archive · 23 Sep 2025

Trump to Certify TikTok Deal; Oracle & Silver Lake Involved

Trump to Certify TikTok Deal; Oracle & Silver Lake Involved

The US government is finalizing a deal to allow TikTok to continue operating in the US.

American investors, including Oracle and Silver Lake, will own most of the company, with ByteDance retaining less than 20%.

US user data will be stored on US-based Oracle servers.

President Trump will sign an order confirming the deal complies with US law.

This decision avoids a ban of the app in the US.

The Chinese government is also open to this arrangement.

A 120-day period is planned to finalize the transaction.

Sources