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Trump said to sign TikTok US deal on September 25

US President Donald Trump is expected to sign off on the TikTok deal on September 25, according to a White House source.

The agreement involves the divestment of TikTok’s US operations from ByteDance, its China-based parent company.

Oracle and private equity firm Silver Lake are among the investors in the deal.

The White House previously said the arrangement will fulfill requirements set by a 2024 law concerning TikTok’s US ownership.

🔗 Source: Reuters

Recent TikTok developments

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