"White House press secretary Karoline Leavitt said tech giant Oracle would be responsible for the app's data and security and that Americans will control six of the seven seats for a planned board. Oracle did not immediately respond to a request for comment. "We are 100% confident that a deal is done, now that deal just needs to be signed and the president's team is working with their Chinese counterparts to do just that," Leavitt told Fox News' "Saturday in America""
"A central question to the tug of war between Washington and Beijing has been whether the popular social video platform would keep its algorithm after the potential divestment of Chinese parent company ByteDance. Congress passed legislation calling for a TikTok ban to go into effect in January, but President Donald Trump has repeatedly signed orders that have allowed TikTok to keep operating in the United States as his administration tries to reach agreement for ByteDance to sell its U.S. operations."
TikTok's potential divestment from ByteDance would place control of the app's recommendation algorithm in U.S. hands and establish a U.S.-majority oversight board. Oracle is designated to manage the app's data and security, and Americans would occupy six of seven planned board seats. Congress approved legislation mandating a TikTok ban starting in January, but presidential orders have delayed enforcement while negotiations proceed. The White House expressed confidence that a deal is done pending signatures and cited recent talks between U.S. and Chinese leaders. U.S. officials warn the algorithm could be vulnerable to manipulation by Chinese authorities.
Read at Fortune
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