India, Sept. 26 -- US President Donald Trump on Thursday local time advanced plans for American investors to acquire TikTok's US operations from Chinese owner ByteDance Ltd.

With an executive order, Trump said the deal would protect data of US users, with Oracle Corp. assisting in securing the algorithm on the American version of the platform.

The announcement brings some relief to TikTok staff in the US, who have long faced uncertainty due to potential divestment and political pressure. Yet, many employees are scared for their jobs and roles in the company as new owners are set to takeover.

"If it works out, great. If it doesn't, we'll have to look for another job," a TikTok staffer in the e-commerce division told Business Insider.

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