""Since yesterday we've been working to restore our services following a power outage at a U.S. data center impacting TikTok and other apps we operate," the company wrote on X (formerly Twitter). "We're working with our data center partner to stabilize our service. We're sorry for this disruption and hope to resolve it soon.""
"Many users were on high alert for any changes to their FYP this weekend after TikTok said on Thursday that it had finalized a joint venture agreement to hand over management of its US user data and algorithm to an investor group. TikTok's new managing investors include Oracle and the investment firms Silver Lake and MGX. The company has also granted some US ownership to wealthy individuals, such as Michael Dell."
A power outage at a U.S. data center affected TikTok and other apps, prompting restoration efforts with the data center partner. Users reported seeing old or irrelevant videos in their For You feeds instead of timely, topical content. The absence of on-the-ground coverage, including Minneapolis ICE protest footage, prompted speculation that new U.S. investors were manipulating recommendations. TikTok finalized a joint venture to hand over U.S. user data and algorithm management to investors including Oracle, Silver Lake, and MGX, with some ownership granted to individuals such as Michael Dell. The joint venture will retrain, test, and update recommendation algorithms on U.S. user data.
Read at Business Insider
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