TikTok’s Proposed Deal Seeks to Mollify U.S. and China
The Chinese-owned app designed a compromise to satisfy U.S. security concerns. The terms are now under review by the Trump administration.
No algorithm -No outright sale -Investor equity in ByteDance will get rolled into the new entity -Oracle likely gets a small stake -TikTok HQ moves to US -US investors get voting control (not necessarily majority ownership)
Here's our latest cut on TikTok with Erin and
What we know about the Oracle-TikTok deal: 😬😬😬 The details are still being worked out and changing! But we know it was designed to mitigate. Some other tidbits from today's story w
When governments in two countries intervened and also accuse one another of intervening unfairly... I don't know, this is all rather pointless. This twisted compromise could have been the outcome for TikTok months ago, before all the drama.
here's a new story!