The White House confirms that the algorithm for TikTok, which is at the center of national security concerns, will be operated in the United States under new majority American ownership. The deal transfers control of TikTok’s US operations and a copy of its algorithm code to a joint venture based in the US, with Oracle and private equity firm Silver Lake among investors. ByteDance will retain less than 20% stake in TikTok US, and President Trump expressed confidence that the agreement will be completed. The deal is expected to expand Oracle’s involvement with TikTok, addressing concerns about algorithm manipulation for the Chinese government.
Source: https://edition.cnn.com/2025/09/22/tech/tiktok-sale-oracle-algorithm