[Trump Approves TikTok Deal, U.S. and ByteDance Each Control a Company] According to a report by Jinse Finance, at 4:24 PM on September 25 (U.S. time), Trump signed an executive order in the Oval Office of the White House approving the deal that allows TikTok to continue operating in the United States. TikTok has survived in the U.S. The executive order signed by Trump, titled 'Saving TikTok while Protecting National Security,' outlines a framework agreement under which a newly established U.S.-based joint venture will operate TikTok's U.S. business. The majority ownership and control will be held by Americans, including control over TikTok's U.S. algorithm, code, and content moderation decisions.