White House outlines upcoming TikTok deal with U.S. control and leadership

1 min read
Source: Axios
White House outlines upcoming TikTok deal with U.S. control and leadership
Photo: Axios
TL;DR Summary

The White House announced that a deal to transfer TikTok's U.S. platform to American ownership, including control of its key algorithm, is finalized and will be signed soon, with Oracle responsible for data security and a majority of ownership held by Americans.

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