In a significant turn of events, former President Trump has signed an executive order to finalize a deal that allows U.S. ownership of TikTok, valuing the American app at $14 billion. Vice President JD Vance expressed confidence that this deal has successfully separated TikTok from its Chinese parent company, ByteDance, promising enhanced protection of U.S. user data. Meanwhile, critics have raised concerns over potential crony capitalism, highlighting the involvement of pro-Israel billionaires and members of the Abu Dhabi royal family in the purchasing group that includes Oracle. As the deal unfolds, experts warn that ByteDance will retain a substantial 50% stake in U.S. profits, questioning the effectiveness of the separation from China. The implications of this deal are stirring controversy, with some viewing it as an opportunity for Trump’s allies to gain control and influence over a popular social media platform.