September 25, 2025
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0:27Now PlayingIn 2024, under the Biden administration, U.S. Congress passed a law requiring TikTok's American assets to be transferred to U.S. owners — or it’d be forced to shut down operations in the country. The executive order that President Donald Trump signed today says that requirement has been met, with Texas-based Oracle set to oversee the app’s data, security and algorithm in the U.S.
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