đź“Ś TOPINDIATOURS Eksklusif ai: TikTok deal sealed: Trump gives US investors 80% con
President Donald Trump signed an executive order Thursday to move TikTok into American hands. The deal will give US companies control of the app’s algorithm and majority ownership, ending months of uncertainty over its future in the country.
Under the plan, American investors will hold about 80% of the US version of TikTok. ByteDance and Chinese investors will retain less than 20%.
A new seven-member board will oversee the company, with six Americans and one foreign director. Cybersecurity and national security experts will fill the board seats, the White House said.
Oracle will take charge of TikTok’s US operations and provide cloud services to store user data. The company and its co-founder Larry Ellison will also control the recommendation algorithm under a licensed agreement. White House officials stressed that ByteDance and Chinese authorities will not have access to American user data.
Other investors include private equity firm Silver Lake, media mogul Rupert Murdoch and his son Lachlan, and Dell CEO Michael Dell. Trump said the investors are “all very well-known people, very famous people actually, financially.”
Vice President JD Vance confirmed the new US-controlled algorithm will dictate what users see in their feeds. When asked about whether it could push political content, Trump said, “I always like MAGA-related.” He added, “If I could make it 100% MAGA, I would, but it’s not going to work out that way, unfortunately.” He later clarified, “No, everyone’s going to be treated fairly.”
Long battle over ban ends
TikTok had faced a looming ban after Congress passed a bipartisan law last year forcing ByteDance to divest.
Lawmakers cited national security concerns, including possible data sharing with Beijing and manipulation of public opinion. The Supreme Court upheld the law in January, clearing the way for enforcement.
The app briefly went offline hours before Trump’s second inauguration. But the president signed an executive order on his first day in office to delay the ban.
He continued extending the deadline, giving negotiators more time to strike a deal.
Earlier this month, he granted TikTok until December 16 to finalize terms with US investors and Chinese authorities.
Trump credited his relationship with Chinese President Xi Jinping for helping close the agreement.
“I have great respect for President Xi, and I very much appreciate that he approved the deal, because to get it done properly, we really needed the support of China and the approval of China,” Trump said during the signing.
He also described a recent phone call with Xi as “a very good one.” He said the two leaders plan to meet at the APEC summit.
TikTok remains one of the most widely used apps in the US, with about 180 million users.
Trump himself joined the platform last year to reach younger voters. He has credited it with helping him win the 2024 election.
The president also said the deal protects small businesses that rely on TikTok for advertising. “Small businesses have become very successful because of TikTok, and we didn’t think of that,” he said.
The US government will collect a multibillion-dollar fee from the investor group. Trump described it as a “tremendous fee-plus,” and added, “I don’t want to throw that out the window.”
đź”— Sumber: interestingengineering.com
đź“Ś TOPINDIATOURS Update ai: TikTok deal sealed: Trump gives US investors 80% contro
President Donald Trump signed an executive order Thursday to move TikTok into American hands. The deal will give US companies control of the app’s algorithm and majority ownership, ending months of uncertainty over its future in the country.
Under the plan, American investors will hold about 80% of the US version of TikTok. ByteDance and Chinese investors will retain less than 20%.
A new seven-member board will oversee the company, with six Americans and one foreign director. Cybersecurity and national security experts will fill the board seats, the White House said.
Oracle will take charge of TikTok’s US operations and provide cloud services to store user data. The company and its co-founder Larry Ellison will also control the recommendation algorithm under a licensed agreement. White House officials stressed that ByteDance and Chinese authorities will not have access to American user data.
Other investors include private equity firm Silver Lake, media mogul Rupert Murdoch and his son Lachlan, and Dell CEO Michael Dell. Trump said the investors are “all very well-known people, very famous people actually, financially.”
Vice President JD Vance confirmed the new US-controlled algorithm will dictate what users see in their feeds. When asked about whether it could push political content, Trump said, “I always like MAGA-related.” He added, “If I could make it 100% MAGA, I would, but it’s not going to work out that way, unfortunately.” He later clarified, “No, everyone’s going to be treated fairly.”
Long battle over ban ends
TikTok had faced a looming ban after Congress passed a bipartisan law last year forcing ByteDance to divest.
Lawmakers cited national security concerns, including possible data sharing with Beijing and manipulation of public opinion. The Supreme Court upheld the law in January, clearing the way for enforcement.
The app briefly went offline hours before Trump’s second inauguration. But the president signed an executive order on his first day in office to delay the ban.
He continued extending the deadline, giving negotiators more time to strike a deal.
Earlier this month, he granted TikTok until December 16 to finalize terms with US investors and Chinese authorities.
Trump credited his relationship with Chinese President Xi Jinping for helping close the agreement.
“I have great respect for President Xi, and I very much appreciate that he approved the deal, because to get it done properly, we really needed the support of China and the approval of China,” Trump said during the signing.
He also described a recent phone call with Xi as “a very good one.” He said the two leaders plan to meet at the APEC summit.
TikTok remains one of the most widely used apps in the US, with about 180 million users.
Trump himself joined the platform last year to reach younger voters. He has credited it with helping him win the 2024 election.
The president also said the deal protects small businesses that rely on TikTok for advertising. “Small businesses have become very successful because of TikTok, and we didn’t think of that,” he said.
The US government will collect a multibillion-dollar fee from the investor group. Trump described it as a “tremendous fee-plus,” and added, “I don’t want to throw that out the window.”
đź”— Sumber: interestingengineering.com
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