#tiktok-deal

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fromArs Technica
1 month ago

ByteDance confirms TikTok will be controlled by US owners

If the deal closes as expected on January 22, the new US company will have an estimated value of $14 billion, Vice President JD Vance noted in September. At that point, the deal will likely face mounting scrutiny from lawmakers, including Republicans, who aren't yet sure if the US operation resolves all national security concerns. Chinese control of the algorithm was a particular sticking point for critics, who claimed that Trump was giving China exactly what it wanted:
US politics
#oracle
from24/7 Wall St.
1 month ago
Venture

Is TikTok -- Not AI -- What Saves Oracle?

Oracle becomes a key investor and security partner in a U.S. TikTok joint venture, potentially adding stable, high-margin cloud revenue and diversifying beyond AI-driven growth.
from24/7 Wall St.
3 months ago
Silicon Valley

Oracle May Soon Hold the Keys to TikTok's Kingdom | ORCL Stock

Oracle will gain an ownership stake, handle TikTok cloud storage and algorithm control, enhancing data security and potential shareholder value.
#chinaus-relations
US politics
fromBusiness Insider
2 months ago

Treasury Secretary Scott Bessent says Trump's 100% tariff threat on China is 'effectively off the table'

US and China have reached a substantial framework for trade talks, removing the threatened 100% tariff and potentially allowing Trump to finalize a TikTok deal.
#us-china-relations
fromThe Atlantic
3 months ago

The Triumphs and Tragedies of the American Revolution

On this episode of The David Frum Show, The Atlantic 's David Frum opens with an urgent warning about TikTok's looming deal with Trump-aligned insiders-a move David calls the "biggest giveaway since the days of the railway grants." He argues that the American media landscape has been quietly transformed, and political power has shifted from legacy outlets to algorithmic platforms loyal to the president.
US politics
US politics
fromwww.npr.org
3 months ago

Trump's TikTok deal payment criticized as 'shake-down scheme' by experts

The Trump administration is demanding multibillion-dollar payments and equity stakes from companies in private deals, extracting fees and encouraging rent-seeking over innovation.
World news
fromAxios
4 months ago

TikTok will retain "Chinese characteristics" after sale, Bessent says

Deal terms preserve TikTok's Chinese characteristics commercially while U.S. focuses on national security; imminent U.S. ban threats accelerated agreement.
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