Deal for TikTok creates U.S. joint venture, and government won't have a stake
PositiveScience

A new deal for TikTok has resulted in the creation of a U.S. joint venture, which is significant because it allows the U.S. to access TikTok's valuable content recommendation algorithm while ensuring that the government will not hold any stake in the company. This partnership with Oracle, which will oversee security, highlights a positive step towards addressing concerns about data privacy and national security, making it a noteworthy development in the tech landscape.
— Curated by the World Pulse Now AI Editorial System