cyber security

Global Tech Policy & Big Tech Battles TikTok’s Last-Minute Reprieve in U.S. A high-stakes TikTok divestment deal is coming to fruition in Washington, staving off a looming ban. President Donald Trump will sign an order declaring that TikTok’s U.S. operations have a buyer that meets legal requirements, a White House official said reuters.com. Under the plan, China’s ByteDance will retain less than 20% of TikTok, with the U.S. entity controlled by existing American stakeholders and new heavyweight investors reuters.com. Oracle and private equity firm Silver Lake are confirmed participants, and the full roster “is going to be real household names,”