Former National Security Advisor Robert O’Brien joined the ‘Kudlo’ to discuss the Tiktok-Oraceal Deal and President Donald Trump in the United Nations.
chairman Donald Trump On Thursday, an executive order signed, which allows Tikok’s American operations away from the Social Media App to be taken away from the China-based owner bidence.
Will see the deal American operations of tiktok Adverse foreign governments like China separated from the biodenance to follow the law prohibiting social media platforms under control.
Trump said that he has “a lot of respect for President Xi” and he said “he” appreciated the deal, because to complete it properly, we really needed China’s support, China’s approval. “
The President said that the administration “must be announcing different things, but America comes out great, and I think China comes out because they can have a very important heritage, and they have many other deals, you know, they have deals with us, and they have deals in this country, and they want to behave a lot.”
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President Donald Trump smiles at the Oval Office on August 14, 2025 at Washington, DC (Andrew Harnik / Getty Images)
Vice -president JD Vance Said that the company would be given a price of about 14 billion dollars in the deal, saying that “the most important thing is that it protects Americans’ data security and ensures that Tikok is still accessible.”
“What the deal ensures, it is that the American unit and the American investors will actually control the algorithm. We do not want it to be used as a promotional tool by any foreign government. We want to ensure that our people and our investors actually make these decisions on the basis of what is good for their business, because what is good for another government, protested.
The Vice President also stated that the American institution was important to meet the national security requirements under the US unit law that controls the algorithm of Tikok, saying that for the safety of American users and to ensure that business could decide on the basis of its interests and userbase.
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Tikokkok suffered a ban under the 2024 law, aimed at blocking apps under the control of foreign opponents such as China. (Aronap/Bauur-Giffin/GC Images/Getty Image)
A group led by software giant Orackal consisting of private equity firm Silver Lake and UAE state -owned investment firms that will be the main investors in Tikokok US, with a joint 45% ownership share, according to A. Report by CNBC Citing the sources familiar to the case.
The White House had earlier indicated that Oracle and Silver Lake would be among the main owners of Tikokok US earlier this week, a White House official said that bidence would have less than 20% firm, while existing shareholders and global firms would be responsible for the company’s ownership. According to the report, bidence investors will hold a 35% stake.
Vance said that the administration would declare more about investors associated with transactions, saying that it is “a blue chip group of investors”.
Tikok has been led by CEO to Shab Zee Chev, who has defended the short-form video app amid dangers to ban it. (Brian van der beek / Bloomberg Getty Image / Getty Image)
Last year, the Congress enacted a law signed by the then President Joe Biden Tickeks and other apps controlled by foreign opponents were banned by foreign security concerns about the use of algorithms of platforms for data security and foreign impact operations.
Protected Americans protected from the Anti -Controlled Controlling Application Act (PAFACA) are required to unless apps such as Ticketococ in the US, until they are subject to ownership, such as for adverse foreign governments to control, such as such as that Chinese Communist Party,
After the law survives Supreme Court Challenge, it came into effect on January 19, 2025, although it allowed 90-day expansion.
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The bidence initially refused to sell Tiktok and after taking over as President Trump, he released the initial 75-day delay in implementing the law.
This was followed by another 75-day expansion in April and 90-day expansion in June, which was due to ending before the end of this month.
Fox Business’ Sophia Competon and Reuters contributed to this report.
