Trump approves sale of TikTok operations to US investors

Trump approves sale of TikTok operations to US investors


 United States President Donald Trump signed an executive order approving the sale of TikTok's US operations to a consortium of domestic investors to allow the social media app to continue operating in the country.


As reported by Tech Crunch on Friday, United States Vice President JD Vance said the deal was worth around US$14 billion (Rp. 234.7 trillion).


Previously, TikTok was required to divest its business in the United States or face the threat of being banned from operating under a national security law signed by former President Joe Biden.


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