Core Insights - The TikTok deal is not finalized and is currently a delay of a potential ban, allowing 120 days for parties to negotiate [1] - The deal involves oversight and retraining of the algorithm that raises U.S. national security concerns, while also creating financial opportunities for involved parties [2] Group 1: TikTok's Operational Changes - A new "American TikTok" will be created, divesting the service from its Chinese parent company ByteDance, and will be controlled by a joint venture majority-owned by U.S. persons [3] - User data for the American version will be stored in U.S. data centers operated by Oracle, enhancing data privacy and security for American users [3] Group 2: Algorithm Management - The joint venture will oversee the algorithm that determines video content for users, but the underlying algorithm developed by ByteDance will still be utilized, raising trust issues due to its Chinese origins [4] - The executive order mandates that all recommendation models using U.S. user data must be retrained and monitored by trusted U.S. security partners [4]
Trump’s TikTok deal won’t cut off China’s algorithm, but it could give a lot of people a big payout
Yahoo Finance·2025-09-26 22:58