Memo: the TikTok US deal is set to close on Jan. 22; terms include retraining the recommendation algorithm on US user data and Oracle overseeing data protection
Revamped ‘TikTok USA’ Expected Next Month Wesley Hilliard / AppleInsider : US investors to close deal on 50% ownership of TikTok January 22 Sports Business Journal : TikTok sale becomes official, with...
Sources: Oracle, Silver Lake, and Abu Dhabi's MGX will be the main TikTok USA investors, with a ~45% stake; ByteDance will own 19.9% and ByteDance investors 35%
We may never know if the administration-brokered TikTok sale complies with the law … New York Times : Trump Clears Way for American-Owned TikTok Valued at $14 Billion Financial Times : TikTok US to be...
Trump extends ByteDance's deadline to divest TikTok's US operations until December 16, the fourth such extension; a deal is expected to be finalized this week
nothing screams “protecting America” like Michelin-starred foreign spyware by proxy. Trump cheerfully extended ByteDance's deadline to December 16 so that Oracle, Silver Lake, [image] @americanfreedom...