#algorithm-control

#algorithm-control

With Donald Trump expected to sign a deal that will keep TikTok operating in the U.S., many have speculated who might benefit the most if/when this takes place. Among the biggest potential winners is Oracle (ORCL), with the company set to oversee the algorithm of the social media platform and keep the data protected from would-be hackers.

President Donald Trump signed an executive order on Thursday, clearing the way for a deal to put TikTok in U.S. hands following a divestiture by its Chinese parent ByteDance. That avoids a total shutdown of the app in the U.S. that was required by law unless TikTok shed its China-based owner. Speaking as the president signed the executive order in the Oval Office, Vance pegged TikTok's worth at $14 billion-equal to Snapchat parent Snap.