New Delhi: US President Donald Trump has signed an executive order declaring that TikTok’s US operations are ready to be sold, valuing the new American company at about $14 billion. The order is meant to address national security requirements set out in a 2024 law that demanded ByteDance sell its US assets or face a ban.

The move gives investors and regulators more clarity, but questions remain over who will run TikTok’s most valuable asset, its recommendation algorithm. Trump has delayed enforcement of the law until January 20 to allow more time for the restructuring and approvals.

According to Vice President JD Vance, the new US company has been priced at $14 billion, a figure far below analyst expectations. “There was some resistance on the Chinese side, but the fundamental thing that we wanted to accomplish is that we wanted to keep TikTok operating, but we also wanted to make sure that we........

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