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International Business Times UK
International Business Times UK
Entertainment
Chelsie Napiza

Trump Set to Seize TikTok Deal: Will US Titans Like Murdoch And Oracle Take Charge?

US President Donald Trump addresses the United Nations General Assembly in New York, delivering a fiery speech that drew sharp reactions from global media and foreign leaders. (Credit: AP)

US President Donald Trump is preparing to sign an executive order that could hand control of TikTok's US operations to a consortium of American investors, a manoeuvre that would reshape who controls one of the world's most powerful attention engines.

The move, announced this week as negotiations with Beijing edge toward a framework, will declare a proposed divestiture as a 'qualified' solution to a 2024 law that otherwise threatened an app ban.

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