White House Announces U.S. Oversight and Oracle Partnership in TikTok Deal

The White House announced a deal where Oracle will oversee the security of U.S. user data and monitor TikTok's recommendation algorithm, which will be licensed to an American investor group, to prevent a ban and address national security concerns related to Chinese ownership. The deal involves U.S. companies owning around 80% of TikTok in the U.S., with Oracle and Silver Lake investing, and aims to keep the algorithm under U.S. control while excluding China from access to American data.