Oracle to Oversee TikTok's U.S. Algorithm in New Deal

TL;DR Summary
The White House confirmed that TikTok's US operations will be transferred to a US-based joint venture, with Oracle overseeing the app's algorithm to address national security concerns, as part of a deal involving American investors and ByteDance retaining a minority stake.
- TikTok’s algorithm will be overseen by Oracle in the US after the sale is completed CNN
- American Investors Will License and Oversee TikTok’s U.S. Version, White House Says The New York Times
- Oracle stock rises as White House names software giant in TikTok deal; company announces CEO shake-up Yahoo Finance
- Oracle will manage TikTok's algorithm for US users under Trump administration deal ABC News - Breaking News, Latest News and Videos
- Trump says Larry Ellison, Michael Dell and Murdochs will be involved in TikTok deal CNN
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