Globalization
TikTok Could Change Ownership, But Privacy Concerns Remain
President Trump signed an executive order to allow TikTok to remain available in the U.S. under a $14 billion deal, transferring the American operation to international investors, raising concerns about privacy and government intervention. Trump led negotiations with Chinese President Xi Jinping for the handover, leaving U.S. and other investors with majority control. The move raises uncertainties about user data protection, free speech, and government surveillance.
October 2, 2025