TikTok continues to operate in the United States despite a Supreme Court ruling earlier this year upholding a law requiring its Chinese parent company, ByteDance, to divest its US operations by January 19, 2025, or face a nationwide ban.
In response to the ruling, President Donald Trump issued an executive order extending the deadline for a fourth time, now set for December 16, 2025.
The extension aims to facilitate a potential agreement between U.S. and Chinese officials regarding TikTok’s future in the US.
A tentative framework has been reached involving a consortium led by Oracle, Silver Lake, and Andreessen Horowitz, which would control an 80% stake in TikTok’s US operations.
Under this arrangement, ByteDance would retain a minority stake, while Oracle would manage all US user data.
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However, the deal is not yet finalized.
It requires approval from US national security agencies and may also need Congressional consent, as the 2024 law mandating divestiture remains in effect.
Additional concerns focus on control of TikTok’s algorithm, which was developed by ByteDance and could still be influenced by Chinese oversight under the proposed agreement.
While TikTok continues to operate in the US, its long-term future depends on completing the divestiture process and resolving ongoing national security and data privacy concerns.
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