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Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok's video platform under the terms of a deal laid out Monday by President Donald Trump's administration.
TikTok plans to license its recommendation algorithm with Oracle and Silver Lake, removing ByteDance’s control in the U.S.
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The spokeswoman of the White House pointed out at the end of last week that the US and China have finalized an agreement on the sale of the American part of TikTok.