Trump-China deal hands TikTok’s U.S. algorithm to Larry Ellison’s Oracle

Trump-China deal hands TikTok’s U.S. algorithm to Larry Ellison's Oracle Contents 1. Oracle takes over algorithm, code, data, and surveillance systems 2. New U.S.-based TikTok venture has Oracle, private equity, and tight restrictions In this post: Trump approved a deal handing control of TikTok’s U.S. algorithm to Oracle. Oracle will rebuild, retrain, and monitor the algorithm without ByteDance involvement. The new U.S.-based TikTok venture will be majority-owned by American investors. Oracle is now taking full control of TikTok’s U.S. algorithm under a national security deal signed off by President Donald Trump, according to a statement from the White House. The...