The ban on the Chinese social media app tick talk has been re -lifted in the US. On Thursday (September 25, 2025), President Donald Trump signed an executive order to remove the ban, which announced that the proposed agreement had allowed Tick Talk to continue work in the United States.

Former US President Joe Biden signed a law last year, asking China’s Bittden to sell tickets to an American company or face a nationwide ban. However, Donald Trump has now allowed Ticketkock to continue working in the US, as the Trump administration is trying to reach an agreement for the sale of the media company.

Trump told, why the sign of sign
US President Trump signed the Tiktok deal order, saying that it is interesting, because I had a very good conversation with President Xi, it is very respectful for him. Hopefully he will also respect me. We talked about Tiktok and they gave us the green signal. You know, it is run by American investors and American companies.

Regarding the Tiktok deal, Trump further said that American youth also really wanted so. We have American investors who are handling it and running it, including Larry Ellison and Oracle. I think it is going to play a very big role in terms of security and everything else.

Oracle and silver lake will run Tiktok
Let us know that the bytedecons company is the owner of tickets, but most of its stake will go to American investors to continue it in America. A group of American investors, including Oracle and Silver Lake, is willing to take the new ticket -lock unit for the US under its control, while the Bittens will maintain less than 20 percent stake to follow the law. Explain that bytedens in the board will be represented by only one person and will be kept out of security matters or related committees.

What did JD Vance say
Vice President JD Vance said, “We wanted to keep the tickets operational, but also wanted a solution to security related concerns so that American could use tickets more confidently than before.” Trump said during the signature ceremony, “Young people, especially young, really wanted so.” Experts believe that China can get some discounts in terms of business in exchange for ticket -lock deal. Some other people believe that China agreed to do so to make a way of meeting between Xi Jinping and Trump.

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China richest person: You must have heard the name of short video making app Ticketkock. Today we are going to tell you about its parent company Bytedance Ltd. Founder Zhang Yiming. According to the Bloomberg Billionaires Index, Zhang Yiming has a net worth of $ 57.5 billion. In this year alone, his wealth has increased by $ 13.6 billion, which makes him the 24th richest man in the world.

This is also included in China’s wealthiest people

After Zhang in the list of China’s wealthiest persons, Tensant co-founder and CEO Ma Hueteng ($ 56.6 billion), Nongfu Spring founder Jhong Shanshan ($ 54.1 billion), Xiaomi’s founder and CEO Lee Jun (44.9 billion dollars) and former CEO Colining (43.2 billion dollars) are also included. Jack Ma, a founder of Alibaba, once a rich person in China, is now ranked sixth with a total assets of $ 39.6 billion.

Zhang likes to keep his life private

Zhang, owner of popular tickets, keeps his life private among social media influencers. He resigned from the post of CEO of the company in 2021 after almost a decade of his leadership.

According to a report by Reuters in 2021, Zhang told his company employees that he is not very social. They like to stay online, read and listen to music. He also admitted that one of them lacks the skills required to become a better manager, so he is fine for non-monysting roles.

Travel started in 2012

Born in Fujian province of China in 1983, Zhang studied graduation from Nanakai University in 2005. Before the start of Bittens in 2012, Zhang also worked in companies like travel booking startup Kuxun and Microsoft.

Launched Tiktok (originally called Douyin) in September 2016. Since then it is one of the most popular social networks in the world. By September 2024, its number of users in the US was more than 170 million.

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