Trump approves TikTok deal through executive order
1. Oracle to invest in TikTok's U.S. operations with a 45% stake. 2. New joint venture must be approved by China for deal to finalize. 3. Oracle will manage TikTok's security operations and cloud services. 4. TikTok's U.S. business valued between $30 billion to $35 billion. 5. Deal delays enforcement of national security law until December 16.