Trump’s billionaire backers will now ‘actually control’ Tiktok’s algorithm, JD Vance says
On Thursday afternoon, president Donald Trump signed an executive order that wipes the way for an agreement to put Tijook in our hands, with some of his closest billionaire allies to take matters.
“This will work all the way along the way,” Trump said, adding that the agreement was green by Chinese President Xi Jinping. “I have great respect for President Xi, and I am very appreciated that he agreed to the deal, because to achieve it properly, we really need to support China and the approval of China.”
Who is in the deal
The ownership structure is still being completed, but Trump revealed that Oracle, and co -founder Larry Ellison will play a “great” role in managing the application, given that they have already stored a lot of US -based TIKTOK data on its servers. Ellison was an ally of the president, raising millions of the president’s campaign and advised him during the Covid-19s.
He also added that Mogul Runder Murdoch, the owner of Fox Corporation – that runs Fox News – will be an investor, and Michael Dell will sit on the billionaire on the Board of Directors. He hinted that three supporters of “blue chip” were also part of the group, but he did not announce those they were.
For Runder and Lachlan Murdoch, a stake in Tiktok can provide a way to reach the younger masses beyond the traditional TV and printing, as the family’s NewS Corp empire – and perhaps their recovery to buy the catastrophic Myspace for nearly 20 years. FOX conditions are still unclear, but Tiktok Tie-in will join the Stakes minority that Murdochs already maintains in betting companies on luxury and Vanwell, and more Lachlan’s control over the empire after the restructuring of the modern family, the restructuring process in its conflict of Crupt Wrege.
Vice President JD Vance confirmed that the agreement gives Americans authority over the precious Tiktok algorithm; The system that dictates what more than 170 million American users see their extracts. Speaking when the president signed the executive order at the Oval Office, Vans linked its Tiktok value to $ 14 billion – less than previous estimates that have put the US Tiktok assets of up to $ 100 billion, depending on the arrival of the algorithm.
“This deal will allow the United States to control the application algorithm,” he said. “It will actually be run by an American along the way.”
For Trump, the signature was more than national security – linked to his broader business schedule, as he boasted about definitions and sports.
However, fears flow about what Trump’s allies mean to control a platform with this influence on American political discourse.
Trump joking himself about the algorithm patronage: “I always love associated with Maja. If I can make it 100 % Magia, I will do that, but it will not succeed in this way, unfortunately. No, everyone will deal fairly. Every group, every philosophy, every policy will be treated very fairly.”
Vans also stressed that the works will lead the application content decisions: “We want the company to make decisions on content based on the work interest and based on the interest of users, and this is what we believe will happen.”
The signature also sets the basis for the first Trump’s first meeting with Xi since he returned to office. The two leaders are expected to discuss the deal more at the upcoming APEC summit in South Korea.
Tiktok did not immediately respond to a request for comment.
2025-09-25 22:19:00
