TikTok’s future secured in US as Trump signs executive order: Here’s all you need to know

President Donald Trump signed an executive order on Thursday backing the planned sale of TikTok’s US operations to a group of American investors. He said the deal will address national security concerns while allowing the popular video-sharing app to stay available to millions of US users.

TikTok deal: Details

According to Vice President JD Vance, the new US-based company will be valued at around $14 billion. This is much lower than some analyst estimates, which put the value between $30 billion and $40 billion without the algorithm (as of April…