US President Donald Trump has signed an executive order setting the framework for TikTok’s spinoff from its Chinese parent company ByteDance, ensuring that the move fits the national security requirements set under a 2024 law. The agreement allows TikTok’s US-based subsidiary to be transformed into a new joint venture valued at roughly $14 billion, as stated by Vice President JD Vance. However, the valuation comes in lower than the earlier market estimates, which had pegged TikTok’s standalone worth excluding its prized recommendation algorithm between $30 billion and $40 billion.

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As per the agreement, the new US entity will oversee data privacy, security, and operation of TikTok’s algorithm, which will be retrained and monitored by America

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