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Trump to sign off huge new TikTok deal – these are the changes users should expect

Trump says TikTok helped him with presidency
  • An agreement has reportedly been reached between the U.S. and China regarding the future of TikTok in the U.S., with President Trump expected to approve it.
  • The deal involves software giant Oracle taking responsibility for safeguarding U.S. users' data and 'retraining' TikTok's existing algorithm, which will be leased from ByteDance.
  • TikTok U.S. will be controlled by an American-majority investor group, including Andreessen Horowitz, Silver Lake, and Oracle, with Michael Dell, Lachlan Murdoch, and Rupert Murdoch also expected to be involved.
  • The compromise aims to meet both U.S. legal requirements and Chinese domestic law, with a 120-day extension anticipated for the deal's completion.
  • Despite assurances of security, some tech commentators have expressed concerns about China's continued involvement through the algorithm, branding it 'digital fentanyl'.
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