Oracle to Manage TikTok's U.S. Security and Algorithm Under White House Deal
Financial MarketsTikTokUpdated 8 hours ago

Oracle to Manage TikTok's U.S. Security and Algorithm Under White House Deal

The White House has announced that Oracle will manage TikTok's security and oversee its algorithm for U.S. users if a deal is finalized. This move aims to address data privacy concerns and reassure users about their data safety, allowing TikTok to continue its operations in the U.S. under American oversight, which is crucial for its millions of users and the tech landscape.

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White House says Oracle would manage TikTok security for U.S. users if deal is approved
PositiveFinancial Markets
The White House has announced that Oracle would take charge of managing TikTok's security for U.S. users if a deal is finalized. This development is significant as it addresses ongoing concerns about data privacy and security related to the app, which is currently owned by the Beijing-based company ByteDance. By involving a trusted American tech firm, the administration aims to reassure users and regulators about the safety of their data, potentially paving the way for TikTok's continued operation in the U.S.
TikTok algorithm to be overseen by Oracle in Trump deal
PositiveFinancial Markets
In a significant move, the White House has announced that Oracle will oversee TikTok's algorithm as part of a deal involving the app's US operations. This arrangement allows American owners to lease and rebuild ByteDance's recommendation software, ensuring greater control and security over user data. This is a crucial step in addressing national security concerns while allowing TikTok to continue operating in the US, which is vital for its millions of users and the broader tech landscape.

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