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September 26, 2025

Trump Signs Executive Order Allowing TikTok to Keep Operating in the U.S.
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President Trump signed an executive order Thursday that would allow Tik
Tok to keep operating in the U.S. The order enables a group of investors
to buy the American operations of the app from the Chinese company Byte
Dance. China still has to approve the deal. The company Oracle will
reportedly take over security operations and cloud computing for Tik
Tok's U.S. firm. Oracle's co-founder and chair, Larry Ellison, has a
decadeslong history with the Republican Party, has frequented Trump's
Mar-a-Lago for dinners and has met Trump in the Oval Office. He's also
an ally of Israeli Prime Minister Benjamin Netanyahu, donating money to
Israel's military through the nonprofit Friends of the Israel Defense
Forces.

Meanwhile, the United Arab Emirates-backed investment firm MGX is also
reportedly set to win a major stake in Tik Tok's U.S. business. Back in
May, MGX made a $2 billion investment in the Trump family's
cryptocurrency business World Liberty Financial.


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