Summary
The White House has explained a possible deal concerning TikTok's US operations. Under this deal, Americans would control the app's algorithm, and US companies would handle data and privacy. The deal aims to address national security concerns linked to TikTok's Chinese ownership.
Key Facts
- The White House announced a plan for US companies to control TikTok's algorithm.
- Americans will hold six out of seven board seats for TikTok's US operations.
- The deal is not yet signed, and Beijing has not commented on it.
- The app's US operations may be sold to US investors.
- Tech company Oracle, owned by Larry Ellison, would manage data and privacy.
- President Trump extended the deadline for TikTok to sell its US operations multiple times.
- The US government has national security concerns about TikTok's Chinese parent company, ByteDance.
- Discussions between the US and China continue, focusing on TikTok's powerful content recommendation algorithm.
