Murdoch, Ellison and China: what we know about the US’s TikTok deal

TikTok’s future in the US has been in limbo for over year, but the Trump administration has signaled a deal is comingFor a week, the White House has signaled that a deal to transfer ownership of TikTok to a US company is forthcoming. Donald Trump is expected to sign an executive order this week that would create a structure for a group of investors to take over operations of the Chinese social media company in the US.On Monday, White House officials said that the US business software company Oracle would license a copy of TikTok’s recommendation algorithm as part of the deal. The partnership expands on Oracle’s existing management of TikTok’s trove of data collected about its US users. Continue reading…Technology | The GuardianRead More