By CHRIS MEGERIAN, Associated Press
WASHINGTON (AP) — Tech giant Oracle will receive a copy of TikTok’s algorithm to operate for U.S. users, according to a senior official in President Donald Trump’s administration on Monday.
Determining next steps for the algorithm, currently owned by the Beijing-based ByteDance, has been one of the most closely watched issues during negotiations over TikTok’s future.
Related Articles
As the world convulses in war and contentiousness, its leaders convene at the UN to figure it out Trump reveals Murdochs and Dell could potentially take part in TikTok deal North Korean leader recalls ‘good memories’ of Trump, urges US to drop denuclearization demands Trump has crushed offshore wind plans, but states haven’t quite given up hope Trump administration moves to revoke permit for Massachusetts offshore wind projectThe Trump administration official, who insisted on anonymity to discuss the emerging deal, said they believe the plan will satisfy national security concerns over a Chinese company potentially manipulating what is being shown to platform users.
Full details on investors have not been released. However, the official confirmed that Silver Lake, a private equity firm, is part of the investment group.
President Joe Biden, a Democrat, signed bipartisan legislation before leaving office requiring ByteDance, the Chinese company behind TikTok, to sell its assets to an American company or face a ban.
Trump, a Republican, has extended the deadline several times as he worked to reach a deal to keep TikTok available. He spoke to Chinese President Xi Jinping on Friday.
Hence then, the article about oracle will manage tiktok s algorithm for us users under trump administration deal was published today ( ) and is available on Los Angeles Daily News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Oracle will manage TikTok’s algorithm for US users under Trump administration deal )
Also on site :
- Mountain lion spotted in San Francisco's Pacific Heights neighborhood
- Trump Briefed on Intelligence Saying Iran’s Government Is Weaker
- Aldi's 3-Piece Vintage-Inspired Apothecary Jar Set Will Elevate Your Bathroom Organization Beautifully