TikTok has transitioned to US-led ownership, ending a geopolitical standoff. A new entity, TikTok USDS Joint Venture LLC, now manages operations, with a majority-American board and Oracle as technological steward. ByteDance retains a minority stake. This move aims to satisfy US national security concerns, with the algorithm now exclusively trained on American user data.
Tiktok is no longer Chinese in America, here are the company's new owners
Published 5 hours ago
Source: timesofindia.indiatimes.com
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