By Craig Hale
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Craig Hale
22 September 2025
Trump claims a TikTok deal is complete
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(Image credit: Photo by Jaap Arriens/NurPhoto via Getty Images)
Trump says TikTok deal “puts America first”
Oracle will be responsible for data management in the US
Larry Ellison, Michael Dell and Lachlan Murdoch could all be involved
President Trump has claimed he and Chinese President Xi Jinping had “approved the TikTok deal” following months of negotiations, with several heavyweight American investors would be at the forefront of the US-China deal.
Speaking with Fox News following Trump’s declaration, US Press Secretary Karoline Leavitt confirmed: “We are 100% confident that a deal is done… A deal that puts America first.”
Leavitt acknowledged the importance of the platform, noting the nation’s small businesses had benefitted from TikTok’s ecommerce opportunities, hence the importance that a deal be struck up.
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UK and US to sign massive tech trade deals worth billions during Trump and Big Tech tour
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Could Intel soon be part-owned by the US government? Trump saga takes its oddest turn yet
America has reached a TikTok deal, finally
Although details of the deal remain under wraps as the two nations finalize details and sign agreements, Leavitt did confirm that Oracle will be responsible for the platform’s data in the US.
American investors are also said to be integral to the deal, with Trump indicating the likes of Oracle’s Larry Ellison and Dell’s Michael Dell could both be involved.
Trump also alluded to the potential involvement of Lachlan Murdoch, who has huge influence over much of the world’s media including Nova Entertainment, News Corp and Fox Corporation.
The deal ensures TikTok’s US entity will be majority US-owned, with six of the seven board seats held by US citizens. It would also comply with US laws requiring TikTok to be sold to a US buyer amid security concerns.
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This comes after lawmakers and intelligence agencies worried that TikTok could allow the Chinese government to access US user data, and that China could influence what content Americans see via algorithmic manipulation. Leavitt confirmed the US would retain control over UT users’ algorithms.
The White House has not yet confirmed the closure of the deal, but we expect to hear details very soon.
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With several years’ experience freelancing in tech and automotive circles, Craig’s specific interests lie in technology that is designed to better our lives, including AI and ML, productivity aids, and smart fitness. He is also passionate about cars and the decarbonisation of personal transportation. As an avid bargain-hunter, you can be sure that any deal Craig finds is top value!
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UK and US to sign massive tech trade deals worth billions during Trump and Big Tech tour
Intel saved? Softbank is investing $2 billion in beleagured chipmaker – and the Trump administration may still take a stake too
Could Intel soon be part-owned by the US government? Trump saga takes its oddest turn yet
Intel admits US Government share deal could have a major effect on international sales
15% of Nvidia and AMD China chip sales to go to US government – new export licenses subject to ‘unprecedented’ sales tariff despite ‘national security problem’
Trump U-turns on Intel CEO once again following White House visit – what next for Lip-Bu Tan?
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