US EditionProposal Would Hand TikTok’s US Presence to American Investors
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11 Articles
The Ellisons’ TikTok Deal Could Give Them Unprecedented Influence Over The World’s Media
[Image: Flickr] If a planned deal giving majority control of TikTok US operations to a consortium of American investors is finalised, Larry and David Ellison’s company, Paramount Skydance, could gain an unnerving amount of influence in the media industry. According to the deal, 80% of the TikTok stake will be controlled by a group of US investors, while the remaining 20% will remain with Chinese firms. Trump said on Truth Social earlier this wee…
US investors to take majority control of TikTok under new deal with China
TikTok, the short-form video app with more than 170 million users in the United States, will be mostly owned and controlled by American investors under a new deal with China. The company’s management, data storage and rules will be run from the US to ease concerns about Chinese influence. Under this new agreement, a consortium led by Oracle, Silver Lake and Andreessen Horowitz will hold an 80% stake in a newly created company that will run TikTo…
News from HD Technology. Visit www.hd-tecnologia.com for the latest news. TikTok’s future in the United States seems increasingly clear, but not free of controversy. The current proposal seeks to balance China’s interests with US national security concerns. The agreement states that a consortium of US investors will control 80% of a new business structure, while the Chinese side will retain the remaining 20%. The new board of directors will be c…
Beijing claims that TikTok’s US app will use a Chinese algorithm Donald Trump extends the deadline to close the social media platform while promising an agreement with China. Beijing has said that TikTok’s US split that will be sold to US investors in a deal orchestrated by President Donald Trump will use [...] International Entry Despite the agreement for TikTok to pass to US investors in the US, the app will continue to use the algorithm of i…
TikTok, its algorithm, and the US-China and what to know on deal to keep it running
A central question to TikTok’s potential shutdown saga has been whether the popular social video platform would keep its algorithm — the secret sauce that powers its addictive video feed — after it’s divested from Chinese parent company ByteDance.
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