U.S. President Donald Trump is poised to approve a landmark agreement concerning the operations of TikTok in the United States, with an executive order expected later this week. The deal marks the culmination of extended negotiations between the U.S. and China, addressing long-standing security concerns over the popular social media app's handling of American user data.
In response to national security apprehensions, the Trump administration has been actively pursuing a deal that would see a U.S. company acquire a majority stake in TikTok's American operations. This initiative led to a comprehensive agreement during recent U.S.-China trade discussions in Madrid.
Under the terms of the agreement, a new U.S.-based corporation will be established to manage TikTok's operations in the country. American investors, including tech giant Oracle, are set to own around 80% of the new entity, while ByteDance, TikTok's parent company, will retain less than 20% ownership. The board of directors will predominantly consist of U.S. representatives, with one director appointed by the U.S. government to ensure compliance with American regulatory standards.
To safeguard U.S. users' data, all information will be stored on Oracle's cloud infrastructure within the United States. Additionally, the algorithm that powers TikTok's content recommendations will undergo significant modifications to mitigate concerns about Chinese influence over the platform's content curation. Despite these changes, users will continue to enjoy the same TikTok experience.
The impending executive order signifies a pivotal resolution to months of intense discussions, allowing TikTok to maintain its operations in the U.S. while aligning with national security protocols. This move underscores the intricate balance of diplomacy and technology in addressing cross-border data security issues.
Copyright ⓒ 뉴스로드 무단 전재 및 재배포 금지
본 콘텐츠는 뉴스픽 파트너스에서 공유된 콘텐츠입니다.
