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American Investors Will License and Oversee TikTok’s U.S. Version, White House Says
The change is part of a deal to bring TikTok under U.S. ownership to avert a looming ban.
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scmp.com
US TikTok deal gives Americans 6 of 7 board seats: White House
New investors include Oracle Corp, Andreessen Horowitz and private equity firm Silver Lake Management LLC.
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US TikTok deal coming soon with ‘tight control’ of board, algorithm: White House
New investors include Oracle Corp, Andreessen Horowitz and private equity firm Silver Lake Management LLC.
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nbcnews.com
White House says TikTok's algorithm and data will be controlled 'by America' in new deal
White House press secretary Karoline Leavitt on Saturday said that she was "100% confident" that the deal between the U.S. and China is finalized.
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upi.com
Americans to control TikTok U.S. operations board, White House says - UPI.com
TikTok's U.S. operations will be controlled by Americans in a planned deal to spin the platform off from its Chinese owner, White House press secretary Karolina Leavitt said.
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bbc.com
White House outlines TikTok deal that would give US control of algorithm
The White House said a deal could be signed "in the coming days", but Beijing is yet to comment.
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nytimes.com
American Investors Will License and Oversee TikTok’s U.S. Version, White House Says
The change is part of a deal to bring TikTok under U.S. ownership to avert a looming ban.
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White House: Deal struck with Oracle to base TikTok in U.S. - UPI.com
The social media platform TikTok will soon be U.S.-based in a reported preliminary deal to keep the popular app operating for American users.
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fortune.com
White House says Oracle will manage TikTok security for US users under proposed deal | Fortune
Determining next steps for the algorithm, currently owned by the Beijing-based ByteDance, has been one of the most closely watched issues during negotiations over TikTok's future.