There have been a lot of headlines this morning. What do we need to know about the status of tick tock in the United States. Well, I think you pointed out the algorithm has been a key sort of sticking point in this entire process, because under U.S. law, Bytedance, the owner of TikTok, is not allowed to have any say in the algorithm or the technology of this new U.S. version.And Chinese law says you can't export this valuable technology. So it seems that they figured out some type of workaround where Oracle ...

Group 1 - Oracle is set to recreate and secure the U.S. version of TikTok's algorithm as part of a deal involving U.S. investors acquiring the platform from ByteDance [1][2] - The new ownership structure will allow U.S. investors to control TikTok's recommendation software, with Oracle retraining the algorithm from scratch [2][3] - U.S. user data will be stored in a secure cloud managed by Oracle, preventing access from foreign entities, including ByteDance [3][4] Group 2 - The deal involves a group of investors led by Oracle, Silver Lake, and Andreessen Horowitz, who will collectively hold approximately 80% of TikTok U.S. [4][5] - The U.S. government is expected to receive a multibillion-dollar fee for facilitating the transaction, raising concerns among legal and ethics experts [5][6] - The current plan differs from earlier proposals, as it maintains the existing app while restructuring the underlying infrastructure related to ownership, data, and algorithms [7]

TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data As TikTok's future remains uncertain, a number of prominent moguls and companies are competing for the o... https://t.co/dd4HkNJ584 ...

The US now nearing a deal with China over Tik Tok after months of negotiations. The president saying the Murdoch, Larry Ellison, Michael Dell are involved in that deal. Our Julia Borston has details in today's tech check.Morning, Julia. >> Good morning, Carl. Well, a deal for Tik Tok's future is starting to come together with President Trump expected to sign an executive order later this week.Then there'll be another 100 day period 120day period for the deal to close. Now central to this new deal existing i ...

US-China Relations - A potential meeting between President Trump and China's leader Xi Jinping is on the horizon, possibly in South Korea or Beijing [4] - The outcome of this meeting could significantly indicate the future direction of US-China relations [4] - China has seemingly used the TikTok situation as leverage in negotiations with the US [4] TikTok Situation - ByteDance, TikTok's Chinese owner, is in discussions to divest its stake to avoid a ban in the US, potentially affecting 170 million American users [1] - Chinese officials, who previously opposed a forced sale, now appear to be agreeing to a framework deal [2] - Beijing changed its export control list to restrict technology like TikTok's algorithm [2] - The TikTok saga began in 2020 during the Trump administration [3]

Group 1 - Oracle's stock rose over 6% following the confirmation of its involvement in a consortium to control TikTok's US operations [1] - The new joint venture will be based in the US, with American investors, including Oracle and Silver Lake, holding a majority stake, while ByteDance will retain less than 20% [2] - The venture will have access to TikTok's content recommendation algorithm, which will be inspected and retrained by Oracle using US user data [3] Group 2 - The US government plans to declare that the new TikTok agreement meets national security needs, with Trump supporting the deal [4] - The US government will not take equity or board seats in the new venture but may charge a fee for facilitating the deal [5] - Analysts view Oracle's involvement positively, as it expands its partnership with TikTok, which has contributed to 5% of Oracle Cloud Infrastructure's revenue in fiscal year 2025 [6]

Core Viewpoint - Oracle's stock rose 3% following the confirmation of its involvement in a consortium to control TikTok's US operations, alongside a CEO shakeup announcement [1] Group 1: TikTok Deal - A senior White House official confirmed that TikTok's US operations will be moved into a new joint venture based in the US, with American investors holding a majority stake and control of the board [2] - Oracle and Silver Lake will lead the new venture, while ByteDance will retain less than 20% equity [2] - The deal includes plans to copy TikTok's recommendation algorithm and place it under US control for retraining, with Oracle serving as the security provider [3] - The algorithm will be regularly inspected by US government officials to ensure compliance with security requirements [4] - The US government will not take equity or a board seat but may charge a fee for facilitating the deal [5] - Analysts view Oracle's involvement positively, as it allows the company to continue its partnership with TikTok, which is projected to contribute 5% to OCI's revenue in the 2025 fiscal year [6] Group 2: CEO Changes - Oracle announced the appointment of two new co-CEOs, Clay Magouyrk and Mike Sicilia, to replace current CEO Safra Catz [7] - Clay Magouyrk previously served as president of Oracle Cloud Infrastructure, while Mike Sicilia was president of Oracle Industries [7]

Core Insights - President Trump has extended the deadline for ByteDance to sell TikTok's U.S. operations to mid-December, amid national security concerns [3][7] - A group of prominent figures, including Rupert Murdoch, Lachlan Murdoch, Michael Dell, and Larry Ellison, are reportedly involved in the potential acquisition of TikTok's U.S. operations [2][3][7] - The new U.S. owners of TikTok are expected to lease the algorithm, with Oracle tasked to recreate and secure the recommendation software, ensuring U.S. control over the algorithm [4] Company Involvement - Rupert Murdoch has expressed interest in owning a small stake in TikTok U.S. if a deal is reached, with Fox Corp likely to hold the investment [5] - The consortium of new investors and existing backers is projected to own approximately 80% of the company controlling TikTok's U.S. operations [5] User Base - TikTok has around 170 million users in the U.S., highlighting its significant market presence [3]

them. Joining us right now is Michelle Ga, former assistant secretary of state for global tech affairs uh in the first Trump administration, now CEO of CROC uh the Institute for Tech Diplomacy at Purdue University. Good morning to you. Morning.Do we think that this is just a what he's talking about now is the board. Is that your understanding of of what we're talking about or we're talking about ownership stakes. Uh it sounds like the board.Um and I think big picture is all of the details of this deal are s ...

Group 1: H-1B Visa and Tech Industry Impact - The new application fee for H-1B visas is part of President Trump's negotiation strategy with India, which may impact tech companies reliant on foreign workers [1][4] - The administration aims to retain foreign students educated in the U.S., which could influence innovation in Silicon Valley [3][4] - In the short term, tech companies may need to enhance efficiency due to potential restrictions on H-1B visas [4] Group 2: AI and Coding Job Market - The number of coding jobs has significantly decreased due to advancements in AI, which allows more individuals to engage in coding [5][6] - Companies are experiencing productivity increases despite a reduction in new job openings, which is sustaining profit margins [12][13] Group 3: Chinese Tech Market Dynamics - Chinese tech valuations are approximately half of those in the U.S., indicating a potential for growth and competition [6][7] - China's focus on open-source software is accelerating its tech development, particularly after U.S. companies halted sales to avoid IP theft [7][8] - The electric vehicle sector in China is reassessing commoditization, which may lead to more strategic development [8] Group 4: Investment Trends and Market Competition - The competition in the large language model space is narrowing, with a few key players emerging [11][12] - Companies are willing to invest significantly in AI talent, indicating a strong market interest despite recent tariff impacts [13] - The digital asset space is seeing increased exposure, with Bitcoin leading the market, while other cryptocurrencies are also being monitored [24][25]