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TikTok closes deal to split US app from global business
What does a new US TikTok deal mean for users?
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TikTok has announced a deal allowing it to continue operating in the US.
But with the platform's future in the country seemingly secured, its 200 million American users are expected to see some changes.
What is the US TikTok deal?
A majority-American board now owns and operates a separate entity controlling TikTok in the US.
Backed by mostly US investors, the newly established TikTok USDS Joint Venture LLC is governed by a board of seven directors.
TikTok chief executive Shou Zi Chew is among them, and its Chinese owner ByteDance will retain a 19.9% stake in the business.
The content recommendation algorithm at the heart of TikTok – determining which videos show up on the app's For You feed – has been licensed to tech firm Oracle.
Outsourcing IT services.what does tiktok
Headed by Trump ally Larry Ellison, Oracle already oversees TikTok US user data under a previous arrangement set up over security concerns called Project Texas.
But the company will now secure more of the app, including by retraining and updating its recommendation algorithm based on US user data.
TikTok says both the algorithm and US user data will be protected in "Oracle's secure US cloud environment".
US-TikTok deal: A new reality for China's tech champions?
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Original aticle here: BBC





