U.S. Gains Control Over TikTok's Board and Algorithm in New Deal
Financial MarketsTikTokUpdated 9 hours ago

U.S. Gains Control Over TikTok's Board and Algorithm in New Deal

The White House has announced a deal ensuring that Americans will control six out of seven board seats for TikTok's U.S. operations, with Oracle overseeing data security. This arrangement aims to address national security concerns while allowing TikTok to continue operating in the U.S., reflecting efforts to balance security and the app's popularity.

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