Summary
President Donald Trump plans to sign an executive order about TikTok. The order will address security concerns related to a deal where Oracle will manage the U.S. oversight of TikTok's technology. The arrangement does not include a U.S. government stake or involvement in the business's leadership.
Key Facts
- President Trump will sign an executive order about TikTok.
- The order focuses on a deal that addresses security issues.
- Oracle will lead the U.S. oversight for TikTok's technology.
- The U.S. government won't own or control part of the TikTok joint venture.
- It's unclear if China has agreed to this deal's framework.
- An unnamed White House official shared these details.