A White House official says that Oracle will recreate and provide the security for a new version of Tiktok's algorithm. Under the deal, owners of the US, these version of TikTok will lease a copy of the algorithm from Bytedance, and then Oracle is essentially going to serve as the gatekeeper here, continuously monitoring and operating that algorithm, the official said. The data will be kept in a secure cloud and that Bytedance will not have any access to US based users information on the platform.The algori ...

South Korea's top trade negotiator, Yeo Han-koo, said that trade negotiations with the U.S. over auto tariffs remain in progress following the recent raid at Hyundai Motor Co. HMYLF battery plant in Georgia conducted by the Immigration and Customs Enforcement (ICE).Swift Resolution Of Visa Issues, $350 Billion InvestmentYeo, speaking to the local media in South Korea after returning from his meeting with officials from the Trump administration, urged a swift resolution to visa issues faced by South Korean n ...

Brian, that's right. A White House official tells me that the president has now signed an executive order to extend that China trade negotiation for another 90 days. Now, we haven't seen the executive order yet.I'm told it's about to be released publicly uh a short time from now. So, we'll wait for any additional details that might be in that, but that is the uh expected outcome here after those negotiations in Sweden between Treasury Secretary Bessant and his Chinese counterparts. Besson said that he was g ...

Japan’s chief trade negotiator Ryosei Akazawa met with US Commerce Secretary Howard Lutnick on Monday as an Aug. 1 deadline for higher tariffs looms https://t.co/flB4qcUeii ...