Trump’s TikTok Deal Sparks Investment and Controversy
The TikTok deal involves creating a U.S.-controlled version of the app that will still use ByteDance's algorithm under licensing agreements, allowing ByteDance to retain ownership and profit while addressing U.S. security concerns. The deal could lead to significant financial gains for involved parties and potentially facilitate ByteDance's IPO, but it raises questions about the transparency and effectiveness of the U.S. oversight of the algorithm.
