US EditionOracle to Safeguard US-Hosted Copy of Algorithm as Bytedance Stake Falls Below 20%
- The White House announced a preliminary deal on Monday for a US-based consortium to own and operate TikTok in the United States.
- This agreement follows bipartisan legislation signed before Joe Biden left office that required ByteDance to sell its US assets or face a ban due to national security concerns.
- The consortium includes Oracle and Silver Lake, with Oracle set to manage TikTok’s algorithm and security, and a US board with majority American members will oversee operations.
- White House spokesperson Karoline Leavitt stated the algorithm will be fully inspected, retrained on US data, and operated outside ByteDance’s control, while US users can still access global content.
- The deal’s finalization is expected this week with an executive order from President Trump affirming it meets national security needs, but it still requires Chinese approval to proceed.
336 Articles
336 Articles
After months of negotiations, the White House announced this Monday that it had reached an agreement with ByteDance. To respond to Congress' threats and avoid its ban in the United States, TikTok agreed to transfer a copy of its algorithm to its future US subsidiary.
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Oracle to Manage TikTok Algorithm In Proposed U.S. Security Deal
Source: SOPA Images / Getty Tech company Oracle is set to manage the security of a licensed copy of TikTok’s recommendation algorithm under the terms of a proposed divestment agreement, according to a senior official from former President Donald Trump’s administration. The future of TikTok’s algorithm, currently owned by Beijing-based ByteDance, has been a central issue in ongoing negotiations over the app’s U.S. operations. AP News reports that…
White House says Oracle will oversee TikTok security for U.S. users
Per AP News: The White House confirmed Monday that software giant Oracle would take charge of safeguarding TikTok’s U.S. operations under a pending divestment plan, including management of a licensed version of the app’s powerful recommendation algorithm. The joint venture with Oracle will keep TikTok’s operations in the United States, with a majority control of it board of directors being Americans, as confirmed to CNN and USA Today. The future…
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