Trump Greenlights $14B TikTok US Deal—Oracle, Ellison, Dell, Murdoch Involved

TikTok’s US future is finally clear. President Trump has approved a $14 billion sale of the app to a high-powered investor group, including Oracle’s Larry Ellison, Michael Dell, and Rupert Murdoch.

The move ends years of uncertainty over a potential US ban. Oracle will retrain TikTok’s algorithm on American soil, fully independent of China, while US users can still watch global content.

The US won’t get ownership in TikTok, but a government fee is expected. Chinese leader Xi Jinping has given the green light, though final approval is still pending.

Questions remain: Will TikTok Shop survive? Can advertisers buy globally? Will teams face layoffs? Employees are cautiously optimistic, calling the deal a “long-awaited moment of clarity” after years of political drama.

TikTok in the US is officially entering a new chapter—under the watchful eyes of some of tech and media’s biggest names.