A White House spokesman said six of the seven board seats for Tiktok’s US operations will be held by Americans.
Released on September 20, 2025
The contract between Washington and Beijing to sell the US business of video sharing app Tiktok will see the formation of a majority of American committees, the White House announced.
“There are seven seats in the US that manage apps, and six of them will be American,” White House press director Karoline Leavitt told the US Fox News program.
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According to Leavitt, you can sign the transaction “in the next few days.”
Leavitt’s comments come the day after US President Donald Trump and Chinese President Xi Jinping held consultations to finalize an agreement that will allow Tiktok to continue operations in the United States amid the threat of a ban.
Trump explained that the conversation “a very good call… thank you for Tiktok’s approval” on his true social platform, but China did not confirm the agreement between the two parties.
Larry Ellison, co-founder of Tech Firm Oracle’s billionaire, is reportedly part of a group of investors that companies are looking to buy the app.
It appears Levitt on Saturday confirmed that Oracle has joined the Tiktok purchase.
“Data and privacy will be led by Oracle, one of America’s greatest high-tech companies, and the algorithms are controlled by the US,” she told Fox News.
“Therefore, all these details have already been agreed. We need to sign this transaction now.”
Tiktok boasts around 175 million users in the US, making it one of the top five social media apps.
But the platform is plagued by controversy when lawmakers under the Joe Biden administration passed the law to separate ownership by Chinese internet companies into the platform.
Democrats and Republicans supported the law due to security concerns that Beijing could have access to Tiktok data and could spread Chinese propaganda through Tiktok’s algorithm.
Trump himself proposed banning Tiktok during his first term as US president, and signed two executive orders in August 2020 aimed at restricting the app. However, the US President made a U-turn and pledged to “save” the popular app during the 2024 reelection campaign.
China has consistently denied claims by US lawmakers that Beijing puts pressure on apps like Tiktok to collect state personal information.
