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Trump signs executive order to facilitate TikTok deal
Vice President JD Vance said that the deal would value TikTok US at "around $14 billion."
TikTok was required to divest its American business, or be banned in the U.S., via a national security law originally signed by former President Joe Biden. The order states that TikTok’ U.S. operations will establish a new board of directors, and that the app’s recommendation algorithm, source code, and content moderation system in the US will be transferred to the control of its new owners. During the briefing, Trump stated that “every group, every philosophy, every policy will be treated fairly” after being asked if the algorithm would show MAGA-related content following the deal.
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