CNBC's Eamon Javers reports on the executive order signed by President Trump approving a proposed TikTok deal. Vice President JD Vance said the valuation is $14 billion and that American investors will control the algorithm.

Washington

President Trump has signed an executive order confirming that the proposed TikTok deal complies with U.S. law and addresses national security concerns. The deal, discussed in the Oval Office, values TikTok at around $14 billion, with the vice president highlighting that American investors will control the company's algorithm.

While the president indicated that the new owners would not be required to alter the algorithm's operation, he did not directly address whether the U.S. government would receive a revenue stream from the new TikTok entity. Details regarding the full list of investors and the exact investment amounts remain undisclosed.

Trump signs TikTok executive order, company valued around $14 Bn

John, the president just signed an executive order attesting that the new TikTok deal that's being contemplated here does comply with U.S. law and satisfies national security concerns. But as he was discussing the deal, we got a couple of new details about what's envisioned here, including a new total valuation that the vice president gave in the Oval Office just a short time ago. Take a listen. The company will be valued around $14 billion. We actually think this is a good deal for investors, but ultimately the investors are going to make the determination about what they want to invest in and what they think is a proper value. The most important thing is that it does protect Americans' data security and ensures TikTok is still accessible. And on this question of the algorithm, which we've heard this a lot, what this deal ensures is that the American entity and the American investors will actually control the algorithm. And the president also said that he's not going to ask for any kind of magification of TikTok, I guess, for lack of a better word. He won't ask for the new owners to put any spin on the ball in terms of what the algorithm represents. He sort of danced around and didn't directly address a question, guys, on whether or not the United States is going to take a revenue stream from the new TikTok U.S. So that one seems to be open for maybe a future announcement. He said we'll be announcing some things in the future. So we're still missing a couple of pieces here, including a complete list of who all the investors are who are investing in this now $14 billion deal for TikTok U.S., guys. Back over to you. Very quickly. $14 billion? That's what the vice president said. Yeah. Wow. That's the valuation. We don't know exactly how much the investors are putting up. Gotcha. Amy Jabbers, thank you. I think ByteDance's valuation at one point was around $330 billion. So one wonders how they're calculating that.

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