Summary
TikTok will adjust its recommendation system using data from U.S. users as part of a deal to keep the app available in the United States. Oracle will oversee the process and a new joint venture involving U.S. investors will manage the operations. An executive order from President Trump will outline the terms to ensure the app meets national security requirements.
Key Facts
- TikTok's algorithm will be copied and retrained with U.S. user data.
- Oracle will audit the recommendation system and manage the data operations.
- A joint venture with U.S. investors will be involved in TikTok's U.S. operations.
- President Trump has negotiated this deal to prevent TikTok’s ban in the U.S., pending ByteDance's sale.
- A 120-day pause on the app's enforcement deadline will be allowed for the deal to be finalized.
- Project Texas currently stores data of TikTok's 170 million U.S. users on Oracle servers.
- The deal's value could amount to billions of dollars.
- The term "patriotic investors" was used by officials to describe desired stakeholders in the new joint venture.
