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Tom’s Guide
Tom’s Guide
Technology
Dave LeClair

Trump signs TikTok deal — live updates

TikTok Donald Trump ByteDance Oracle United States Lachlan Murdoch Recep Tayyip Erdoğan China White House JD Vance
Trump image.

A law passed in 2024 was slated to ban TikTok if the company wasn't sold to American owners. Now, at the end of September 2025, a deal has been signed by President Donald Trump that complies with the law that sought to ban TikTok by selling it to a group of American investors.

The deal allows the current owner, ByteDance, to maintain a 20% stake in the company. TikTok's U.S. operations would be run by a new joint-venture company, marking a significant shift in the way TikTok conducts business. It would also be a sizable win for TikTok content creators and users, as their platform of choice would stick around.

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