{"id":33089,"date":"2025-09-24T18:51:17","date_gmt":"2025-09-24T18:51:17","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/the-tiktok-deal-is-expected-to-drop-tomorrow-according-to-a-white-house-official\/"},"modified":"2025-09-24T18:51:17","modified_gmt":"2025-09-24T18:51:17","slug":"the-tiktok-deal-is-expected-to-drop-tomorrow-according-to-a-white-house-official","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/the-tiktok-deal-is-expected-to-drop-tomorrow-according-to-a-white-house-official\/","title":{"rendered":"The TikTok deal is expected to drop tomorrow, according to a White House official"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/678d638410c98eace9130dab?format=jpeg\" alt=\"The TikTok logo duplicated many times over.\"\/><figcaption>The TikTok ban had some users contemplating their scrolling habits.<\/p>\n<p>Osmancan Gurdogan\/Anadolu via Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Trump is expected to sign off on the TikTok deal on Thursday, according to a White House official.<\/li>\n<li>Its US assets are set to sell to a consortium of investors, and Oracle will control its algorithm.<\/li>\n<li>TikTok users from around the world will still be able to see US videos, and vice versa.<\/li>\n<\/ul>\n<p>Trump is expected to sign off on the TikTok deal on Thursday, according to a White House official.<\/p>\n<p>After months of rumors and political back-and-forths, we finally have some more concrete details about a TikTok sale.<\/p>\n<p>On Monday, White House spokesperson Karoline Leavitt confirmed that the US is endorsing a bid from a consortium of majority US investors who will own and operate TikTok in the US. On Sunday, President Donald Trump said in an interview on Fox News&#039; &quot;The Sunday Briefing&quot; that a slew of billionaires are expected to be involved in the deal, including Oracle&#039;s Larry Ellison, Michael Dell, and, potentially, the Murdochs.<\/p>\n<p>After the sale, TikTok users in the US will still be able to see videos from the rest of the world, and vice versa, Leavitt said.<\/p>\n<p>Oracle will serve as the data and security provider for TikTok in the US, which it&#039;s already doing. After a sale, Oracle would also oversee a carved-off version of TikTok&#039;s algorithm in partnership with the US government. The algorithm would be &quot;retrained and operated in the United States outside of ByteDance&#039;s control,&quot; Leavitt said.<\/p>\n<p>On Friday, Trump said the US government expects to receive a fee for facilitating the TikTok sale. The US will not receive an equity stake.<\/p>\n<p>TikTok came up for sale this year due to a divest-or-ban law that passed in 2024 and required ByteDance to separate from its US app. ByteDance was founded in China, a country the US has deemed a foreign adversary. US lawmakers have worried that TikTok could be compelled to share US user data with the Chinese Communist Party, or that it&#039;s algorithm could be wielded for CCP propaganda.<\/p>\n<p>TikTok has previously said it doesn&#039;t share information with the Chinese government and that its content-moderation team &quot;operates independently from China.&quot;<\/p>\n<p>On Friday, Trump and China&#039;s leader Xi Jinping spoke about allowing the sale of TikTok&#039;s US assets to go forward. Following the call, ByteDance issued a statement thanking the leaders &quot;for their efforts to preserve TikTok in the United States.&quot; The company said it would &quot;work in accordance with applicable laws to ensure TikTok remains available to American users through TikTok US.&quot;<\/p>\n<p><em>Have a tip? Contact this reporter via email at <\/em><em>dwhateley@businessinsider.com<\/em><em> or Signal at @danwhateley.94. Use a personal email address, a nonwork WiFi network, and a nonwork device; here&#039;s our guide to<\/em> sharing information securely<em>.<\/em><\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TikTok ban had some users contemplating their scrolling habits. Osmancan Gurdogan\/Anadolu via Getty Images Trump is expected to sign off on the TikTok deal on Thursday, according to a White House official. Its US assets are set to sell to a consortium of investors, and Oracle will control its algorithm. TikTok users from around [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33090,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-33089","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/33089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=33089"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/33089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/33090"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=33089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=33089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=33089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}