U.S. Secures Control Over TikTok's Board and Algorithm in Deal with China
Financial MarketsTikTokUpdated a day ago

U.S. Secures Control Over TikTok's Board and Algorithm in Deal with China

The White House has announced a deal ensuring that TikTok's board will be predominantly American, with Oracle managing its data and security. This arrangement aims to address national security concerns while allowing TikTok to continue operating in the U.S., reflecting a balance between American interests and the app's popularity.

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U.S. would control TikTok’s board and algorithm under emerging deal with China, White House says
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The White House has announced a significant deal regarding TikTok, stating that Oracle will oversee the app's data and security. This arrangement ensures that Americans will hold six out of seven board seats, giving them substantial control over the platform. This move is crucial as it aims to address national security concerns while allowing TikTok to continue operating in the U.S., potentially easing tensions between the U.S. and China.
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The White House has proposed a deal that could reshape TikTok's operations in the U.S. by establishing a new board with a majority of American directors. This move aims to alleviate concerns about the app's ties to China, ensuring it can continue to operate on American devices. This is significant as it reflects ongoing efforts to balance national security with the popularity of social media platforms.
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In a significant development, President Donald Trump announced that a deal has been reached to ensure TikTok's algorithm and board will be controlled by U.S. entities, with China's approval. This move is crucial as it addresses national security concerns while allowing the popular app to continue operating in the U.S. market. The decision reflects a balancing act between safeguarding American interests and maintaining a vital platform for millions of users.

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