The US' TikTok deal is a win for ByteDance: it will keep and license the algorithm instead of selling it, and continue to run TikTok's commercial activities
Jim Secreto /Financial Times:
Memo: the TikTok US deal is set to close on Jan. 22; terms include retraining the recommendation algorithm on US user data and Oracle overseeing data protection
Revamped ‘TikTok USA’ Expected Next Month Wesley Hilliard / AppleInsider : US investors to close deal on 50% ownership of TikTok January 22 Sports Business Journal : TikTok sale becomes official, with...
The TikTok deal is the worst of all possible outcomes, shifting ownership of TikTok to Trump's allies, while maintaining the supposed problematic links to China
There were rumblings about this for a while, but it looks like the Trump TikTok deal is done, and it's somehow the worst …
US Treasury Secretary Scott Bessent says Trump and Xi will “consummate” a TikTok deal on October 30 in South Korea, confirming a final US-China deal on the sale
with Trump and Xi set to ‘consummate’ agreement Claudia Aoraha / Daily Mail : Trump and China reach groundbreaking TikTok deal after years-long battle over the app X: Mario Nawfal / @marionawfal : 🇺🇸🇨...
Sources: Oracle, Silver Lake, and Abu Dhabi's MGX will be the main TikTok USA investors, with a ~45% stake; ByteDance will own 19.9% and ByteDance investors 35%
We may never know if the administration-brokered TikTok sale complies with the law … New York Times : Trump Clears Way for American-Owned TikTok Valued at $14 Billion Financial Times : TikTok US to be...
China and its media are quiet about the TikTok deal, a notable silence as China can still decide the app's fate; Chinese social media chatter has been limited
Following U.S. President Donald Trump's approval of a deal that could keep TikTok alive in the U.S. on Thursday …
Trump says Xi Jinping approved the TikTok deal, and JD Vance says the transaction values TikTok US at $14B; ByteDance hasn't acknowledged the deal
President Donald Trump on Thursday signed an executive order approving a proposed deal that would keep TikTok alive in the U.S.
Trump plans to sign a TikTok deal on Thursday; source: TikTok US would be run by a new joint venture company, with ByteDance holding less than 20% of its stock
This structure will comply with a bipartisan law passed in 2024 that sought to ban TikTok if the platform were not sold to U.S.-based owners this year.
Karoline Leavitt confirms Oracle will handle TikTok's data and security, and says the US is “100% confident” a deal is done and it “just needs to be signed”
and yes lots of TNG android memes [embedded post] Forums: r/technology : TikTok deal signed soon, includes U.S. control of algorithm, White House says See also Mediagazer
Sources: investors in the TikTok US deal are expected to pay the Trump administration a multibillion-dollar fee for negotiating a deal with China
This is so weird. — https://www.wsj.com/... [image] Forums: r/technology : U.S. Government Is Expected to Get Multibillion-Dollar Fee in TikTok Deal