TikTok Deal Sealed: Trump Gives US Investors 80% Control, Oracle Takes Algorithm
President Donald Trump signed an executive order Thursday to move TikTok into American hands. The deal, which involves Oracle and Walmart, marks a significant development in the ongoing saga surrounding the popular social media platform. As part of the agreement, Oracle will take over TikTok’s algorithm, ensuring that the data of American users is secure and protected. Additionally, US investors will have an 80% stake in the new entity, TikTok Global.
This move comes after weeks of intense negotiations and political wrangling, with the Trump administration citing national security concerns as the primary reason for pushing TikTok to sever ties with its Chinese parent company, ByteDance. By placing TikTok under American ownership and control, the administration hopes to address these concerns and prevent any potential data breaches or privacy issues.
Oracle, a multinational technology company with extensive experience in data management and cloud services, is well-positioned to take on the responsibility of safeguarding TikTok’s algorithm. With its reputation for robust cybersecurity measures and commitment to data protection, Oracle is seen as a trusted partner in this high-stakes deal.
The decision to give US investors the majority stake in TikTok Global is a strategic one, aimed at ensuring that American interests are at the forefront of the platform’s operations. By placing control in the hands of domestic investors, the administration aims to exert influence over TikTok’s content moderation policies, data storage practices, and overall strategic direction.
For Oracle, the opportunity to acquire TikTok’s algorithm represents a significant win. The algorithm is the backbone of the platform, powering its content recommendation system and user experience. By taking over this crucial technology, Oracle not only gains valuable intellectual property but also cements its position as a key player in the social media landscape.
The TikTok deal is not only a win for the Trump administration and US investors but also for the millions of TikTok users who can now have greater confidence in the security and privacy of their data. By bringing TikTok under American control, the administration has taken a proactive step towards safeguarding national security interests while also ensuring the continued operation of a beloved social media platform.
As the details of the deal continue to unfold, it is clear that the TikTok saga is far from over. However, with Oracle set to take control of the algorithm and US investors poised to have a significant stake in the platform, the future of TikTok Global looks promising. Only time will tell how this new chapter in TikTok’s story will unfold, but for now, the deal represents a significant milestone in the ever-evolving landscape of technology and national security.
TikTok, Trump, Oracle, Algorithm, US Investors
