TikTok's U.S. entity to lease algorithm from China's ByteDance

According to a recent report, TikTok"s new U.S. entity is set to lease its algorithm from China"s ByteDance under a proposed agreement between the United States and China. This development marks a significant step in the ongoing discussions surrounding the ownership and operation of TikTok in the U.S.

The proposed deal highlights the complexities of the relationship between the two countries as they navigate issues related to technology and data security. TikTok has faced scrutiny in the U.S. over concerns regarding user data and its ties to China.

For further context, earlier coverage indicated that TikTok"s U.S. assets are expected to be sold to an American ownership group, with Oracle taking control of the algorithm. This aligns with the ongoing efforts to address regulatory concerns and ensure compliance with U.S. laws.

As discussions continue, the implications of this leasing arrangement remain to be seen, particularly in light of the broader geopolitical landscape.

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