President Donald Trump is set to sign off on a deal involving TikTok’s U.S. operations this Thursday, according to a senior White House source. The move marks a significant step in Washington’s ongoing efforts to reduce Chinese influence over technology platforms used widely in the United States.
The Biden-era law passed in 2024 requires Chinese-owned apps to divest their U.S. businesses or risk being banned from American markets. The White House has indicated that the TikTok agreement satisfies those conditions by separating the app’s American operations from its parent company, ByteDance, headquartered in Beijing.
Under the arrangement, Oracle will serve as a key technology partner, providing infrastructure support and ensuring that U.S. user data remains on domestic servers. Private equity firm Silver Lake will also invest in the deal, boosting financial stability and signaling confidence in TikTok’s future as a U.S.-led entity.
The decision comes after years of back-and-forth negotiations over national security concerns, with U.S. officials warning that Chinese ownership of TikTok could expose sensitive data to Beijing. By approving this deal, Trump is positioning it as a safeguard for American users while also preserving the platform’s popularity among millions of young Americans and content creators.
Analysts say the agreement could serve as a model for how Washington addresses future disputes over foreign-owned tech companies operating in the U.S., striking a balance between national security and innovation.
