Tiktok to be overseen by Oracle, retrained for US; deal to be signed later this week: White House

September 23, 2025

, By The Economic Times

tiktok-to-be-overseen-by-oracle-retrained-for-us-deal-to-be-signed-later-this-week-white-house.jpg

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The White House has announced that the deal to secure TikTok‘s operations in the US will be signed by President Donald Trump later this week, ensuring the popular social media platform operates under Washington’s stringent oversight.

During a press briefing on Monday, White House Press Secretary Karolina Levitte revealed that TikTok will be majority-owned by American investors and managed by a board with extensive national security and cybersecurity expertise, with rel=”dofollow” href=”https://economictimes.indiatimes.com/oracle-financial-services-software-ltd/stocks/companyid-3160.cms” target=”_blank”>Oracle serving as its trusted security provider.

Levitte detailed that Oracle will…

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Tiktok to be overseen by Oracle, retrained for US; deal to be signed later this week: White House

September 23, 2025

, Published By The Economic Times

tiktok-to-be-overseen-by-oracle-retrained-for-us-deal-to-be-signed-later-this-week-white-house.jpg

The White House has announced that the deal to secure TikTok‘s operations in the US will be signed by President Donald Trump later this week, ensuring the popular social media platform operates under Washington’s stringent oversight.

During a press briefing on Monday, White House Press Secretary Karolina Levitte revealed that TikTok will be majority-owned by American investors and managed by a board with extensive national security and cybersecurity expertise, with rel=”dofollow” href=”https://economictimes.indiatimes.com/oracle-financial-services-software-ltd/stocks/companyid-3160.cms” target=”_blank”>Oracle serving as its trusted security provider.

Levitte detailed that Oracle will…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

This iOS 26 change makes CarPlay even better

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Swiss AI startup Giotto.ai seeks funding at over $1 billion valuation, sources say

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