Americans to dominate board of TikTok’s US operations: White House
Summary
The White House announced a plan for TikTok's US operations where an American-majority board will oversee the app. A deal for the Chinese-owned app to sell its US branch to investors, including tech company Oracle, is near agreement. This move follows security concerns regarding data access and control.Key Facts
- TikTok's US operations will have a board with seven seats; six will be for Americans.
- Talks between the US and China could lead to a deal being signed soon.
- Oracle, a major American tech company, is involved in the investment group planning to buy TikTok's US operations.
- TikTok has around 175 million users in the United States.
- The US government has shown concerns about China accessing TikTok's data and influencing its algorithm.
- Earlier, US President Donald Trump suggested banning TikTok over these security issues.
- Both major US political parties supported legislation to move TikTok's ownership away from Chinese company ByteDance.
- China has denied using TikTok to collect personal information for the government.
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