President Donald Trump is expected to sign an executive order on Thursday confirming the TikTok deal complies with the law, allowing the social media platform to avoid a ban, a White House official told FOX Business.

The White House said earlier this week that Trump would announce that a TikTok deal, which shifts the app's U.S. operations away from its Chinese owner ByteDance , meets the requirements of a 2024 law. Oracle and Silver Lake are among the investors, Reuters reported.

Congress passed a bipartisan law last year, signed by former President Joe Biden, prohibiting TikTok and other apps tied to foreign adversaries. After surviving a Supreme Court challenge, the measure took effect on Jan. 19, 2025, though it allowed a 90-day extension.

The app was banned amid national secur

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