The US government and China have reached an agreement on TikTok. US companies will now manage the platform, and six of the seven board seats in the US will be held by Americans. The deal is expected to be signed soon.
TikTok’s US operations had to be separated from China’s ByteDance company. Previous governments delayed this decision several times. The move was made to ensure US security.
User data and privacy on TikTok will now be controlled by Oracle. The content distribution system will also be managed by Americans. This will increase user safety.
The Chinese government approved the company’s negotiations. The main issue was who would own the algorithm, as it manages content for 1.7 million American users.
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