Trump Signs Order to Sell TikTok’s U.S. Operations for $14 billion to American and Global Investors
[NigerianEye - Nigeria] - 26/09/2025
President Donald Trump has signed an executive order to sell TikTok’s U.S. operations to American and global investors.As reported by Reuters, the order requires bidders to meet national security rules under the 2024 law that would otherwise ban the app unless its Chinese owners divest.Vice President James Vance said at the Oval Office, “The newly created U.S. entity would be valued around $14 billion. We actually think this is a good deal for investors, but they will make a determination about what they want to invest and what they think is the proper value.”The White House extended the (…)
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