#algorithm-control

#algorithm-control

Trump said Oracle and its CEO, Larry Ellison, will be part of the deal. Analysts had previously estimated that TikTok was worth significantly more. China and TikTok have yet to comment on where things stand. White House press secretary Karoline Leavitt said Oracle would "audit" TikTok's algorithm and oversee its retraining. Control of the algorithm has long been a major sticking point in any sale.

With Donald Trump expected to sign a deal that will keep TikTok operating in the U.S., many have speculated who might benefit the most if/when this takes place. Among the biggest potential winners is Oracle (ORCL), with the company set to oversee the algorithm of the social media platform and keep the data protected from would-be hackers.

President Donald Trump signed an executive order on Thursday, clearing the way for a deal to put TikTok in U.S. hands following a divestiture by its Chinese parent ByteDance. That avoids a total shutdown of the app in the U.S. that was required by law unless TikTok shed its China-based owner. Speaking as the president signed the executive order in the Oval Office, Vance pegged TikTok's worth at $14 billion-equal to Snapchat parent Snap.