Trump Says TikTok Users ‘Owe Him’ After $14B U.S. Deal

On Oct 6, Donald Trump posted on TikTok for the first time in nearly a year.

“To all the young people of TikTok, I saved TikTok, so you owe me big,” Trump said.

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Vice President JD Vance also relaunched his TikTok account the same day.

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The White House says TikTok’s new U.S. venture is valued at $14 billion.

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Potential investors: Larry Ellison (Oracle), Michael Dell, Rupert & Lachlan Murdoch.

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Oracle would monitor TikTok’s algorithm to ensure it’s not misused.

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Reuters reports ByteDance may keep a larger-than-expected role in the U.S. venture.

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In 2020, Trump tried to ban TikTok, citing national security risks from China.

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