Trump approves TikTok deal, Xi gives go-ahead to US ownership; Oracle among new buyers


Trump approves TikTok deal, Xi gives go-ahead to US ownership; Oracle among new buyers
Donald Trump approves TikTok deal ensuring the popular social media platform won’t be banned in the US.

President Donald Trump on Thursday signed an executive order declaring that a proposed deal allowing TikTok to continue operating in the United States after months of uncertainty over the Chinese-owned social media platform. Former president Joe Biden signed legislation last year calling for China’s ByteDance to sell TikTok’s assets to an American company by early this year or face a nationwide ban, but Trump has repeatedly signed orders that have allowed TikTok to keep operating in the US as his administration tried to reach an agreement for the sale of the social media company.As US President Trump signed the order on the TikTok deal, he said, “This is interesting because I had a very good talk with President Xi, a lot of respect for him. Hopefully, he has a lot of respect for me, too. We talked about TikTok, and he gave us the go-ahead. You know, it’s run by American investors and American companies, great ones, great investors, the biggest. The young people really wanted this to happen. We have American investors taking it over, running it, highly sophisticated, including Larry Ellison and Oracle, I guess, is going to play a very big role in terms of security, safety, and everything else.”

Who owns TikTok in US now?

ByteDance owns TikTok but to remain operational in the US, a majority stake will move to US investors. A group of US investors, including Oracle and Silver Lake, are set to take the new TikTok entity for the US while ByteDance will maintain less than 20 per cent in equity to comply with the divest-or-ban law. ByteDance will be represented by one person on the board, but that individual will be excluded from any security matters or related committees.Much is still unknown about the actual arrangement, but Trump said Chinese President Xi Jinping “gave us the go-ahead” to proceed with the deal. Any major change to the popular video platform could have a huge impact on how Americans consume information online. About 43% of US adults under the age of 30 say they regularly get news from TikTok, higher than any other social media app, including YouTube, Facebook and Instagram, according to a Pew Research Center report published Thursday.Vice President JD Vance said “we wanted to keep TikTok operating” but address security concerns so that “Americans can use TikTok but use it with more confidence than they had in the past.” Young people especially “really wanted this to happen,” Trump said during the signing ceremony.

What made China agree to US deal on TikTok

Beijing once called the demand that TikTok should get a new ownership in the US as an act of robbery but finally Chinese officials changed their stand. Experts believe China might have been able to extract some concessions on the trade front in exchange for the TikTok deal. Others believe China was willing to do so to pave the way for a meeting between Xi and Trump.



  • Related Posts

    In 1999, a farmer donated 87 acres for a park for just $10; today, the land is being sold for a data center in a deal that could bring $10 million to the city and $30 million in tax revenue | World News

    A nearly three-decade-old land donation in Taylor, Texas, has become the subject of a legal dispute after property originally designated for future parkland was sold for a data centre project.…

    Continue reading
    It can take years to find the courage to say what you really think. To speak up in a meeting, to disagree with someone you respect, or to tell people who you truly are. Melinda Gates, who has spent much of her life working to lift up women and girls around the world, believes that finding this kind of voice is one of the surest signs of strength. A woman with a voice, she says, is by definition a strong woman. But she is honest about the other half of the truth too. The search to find that voice can be remarkably difficult. Getting there is rarely simple, because so many quiet pressures push people, and women in particular, to stay silent. The quote holds both ideas at once, the strength and the struggle. Quote of the day by Melinda Gates “A woman with a voice is by definition a strong woman. But the search to find that voice can be remarkably difficult.” Who is Melinda Gates Melinda Gates, also known as Melinda French Gates, is an American philanthropist and one of the world’s most prominent advocates for women and girls. With her former husband she co-founded the Bill and Melinda Gates Foundation, which has spent enormous sums on global health, education and reducing poverty. She later started her own organisation focused on advancing women. Much of her work has centred on a single idea, that helping women find their footing, their rights and their voices makes life better for whole communities. She first shared this line in a 2003 speech, while talking about how a girl grows into a strong woman. The answer, she suggested, begins with one deceptively simple step. She finds her voice. Understand the meaning behind the quote by Melinda Gates The quote makes two linked points. The first is a kind of definition. To Melinda Gates, having a voice is itself a mark of strength. By voice she does not simply mean the ability to talk. She means the power to express what you think, to stand up for yourself, and to be heard. A person who can do that, she argues, is by definition strong, because doing it takes real courage. The second point is the honest catch. Finding that voice is hard. It is not something most people are simply handed. It often has to be searched for, sometimes over many years and against a great deal of resistance. So the quote celebrates the strength of having a voice while being honest that reaching it is a real struggle. Why finding a voice can be so hard When she first said this, Melinda Gates went on to explain why the search is so difficult. Part of it, she noted, is unequal access to education. In many parts of the world, women and girls receive far less schooling than men, and some receive none at all, which makes it harder to find and use their voices. But she pointed to something subtler too. From a young age, she said, people meet countless small pressures, some obvious and some hidden, that quietly encourage them to mute themselves in order to please others. Over time, those little nudges add up, and many people learn to stay quiet long before they ever discover what they might have said. Why this quote is relevant Although Melinda Gates was speaking about women, the struggle she describes is one many people recognise. Plenty of us, of any background, have held back an opinion, swallowed a disagreement, or gone along with something we did not believe, simply to avoid friction. The quote is a reminder that learning to speak up is not a small thing. It is a real form of strength, and one worth building. It also gently reframes the difficulty. If finding your voice feels hard, that does not mean something is wrong with you. It means you are attempting something that has always been hard, and that the struggle itself is part of growing stronger. How to apply this quote in daily life You do not have to change the world to use this idea. It starts with small choices. Start small and build up. You do not need your full voice overnight. Speak up in low stakes moments first, and let your confidence grow from there. Notice the pressures that quiet you. Pay attention to when and why you hold back. Often it is a fear of displeasing someone, and naming that pressure makes it easier to push past. Surround yourself with people who listen. It is far easier to find your voice among people who respect it. Seek out friends or mentors who want to hear what you think. Help others find their voice too. If you have found yours, use it to make room for quieter people. Simply asking someone what they think can be the nudge they needed. Other famous quotes by Melinda Gates Gates has spoken and written often about people, equality and possibility. Here are a few more of her lines. “If you want to lift up humanity, empower women. It is the most comprehensive, pervasive, high-leverage investment you can make in human beings.” “Women and girls should be able to determine their own future, no matter where they’re born.” “Connect deeply with others. Our humanity is the one thing that we all have in common.” “Optimism isn’t a belief that things will automatically get better; it’s a conviction that we can make things better.” There is something encouraging in the way Melinda Gates frames this. She does not pretend that finding your voice is easy, and she does not treat the struggle as a weakness. Instead she calls the search itself a sign of strength. Whoever you are, the lesson holds. The quiet work of learning to say what you think, and to be heard, is worth doing. | World News

    It can take years to find the courage to say what you really think. To speak up in a meeting, to disagree with someone you respect, or to tell people…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *