President Donald Trump signed an executive order clearing the way for a deal to divest TikTok's U.S. operations from Chinese parent ByteDance. The proposed valuation of TikTok's U.S. business at $14 billion, presented by Vice President JD Vance, surprised investors as markedly low compared to previous estimates exceeding $40 billion. The ownership structure involves Oracle and other American investors controlling the algorithm and data servers. Experts note the algorithm powering TikTok will still be developed by ByteDance, raising ongoing concerns about national security and content oversight. The deal reflects complex geopolitics and financial stakes in the U.S. social media landscape.