A landmark agreement to secure American control over TikTok’s U.S. operations is taking shape, with Oracle Corporation designated as security provider and Americans slated to hold six of seven board seats. The deal preserves U.S. control over the platform’s algorithm, addressing national security concerns about Chinese influence. This arrangement follows intense negotiations involving President Donald Trump and Chinese President Xi Jinping, aimed at allowing TikTok to continue U.S. operations under bipartisan legislation. The finalized deal is expected imminently, representing a significant concession by ByteDance, TikTok’s Beijing-based parent company.
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