#bytedance-ownership

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US politics
fromTechzine Global
1 week ago

Oracle to oversee TikTok algorithm after Trump deal

TikTok will be moved under U.S. control through a new American company with Oracle overseeing the recommendation algorithm and U.S. user data stored domestically.
US politics
fromSan Jose Spotlight
1 week ago

The White House says TikTok will be sold to a U.S. joint venture - San Jose Spotlight

TikTok ownership will transfer to a U.S. joint venture, reducing ByteDance's stake below 20% to comply with a 2024 U.S. law.
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