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President Donald Trump has signed a new executive order that allows TikTok to operate in the United States but under new stricter rules.
The deal, announced on September 25, 2025, will turn TikTok’s American department into a separate company based in the US. American investors will hold the majority stake, while TikTok’s Chinese parent company, ByteDance, will own less than 20%.
The White House says this move is designed to “save TikTok while protecting national security”. The order requires that all US user data will be stored on American servers and monitored by trusted security partners to ensure it’s protected from foreign control.
According to The New York Times, companies Oracle, Rupert Murdoch’s Fox Corporation, and the investment firm Silver Lake will take a stake in the new company. The Emirati investment firm MGX is expected to join other investors, despite Trump’s initial claims that only American companies will take part in the new deal. Oracle will also be in charge of keeping the US users data safe.
The administration is giving TikTok 120 days to complete the transition. For TikTok’s American users that means the app isn’t going anywhere, though its behind-the-scenes operations will look very different soon.
