
TikTok Deal: US Concerns over Chinese Algorithm Control
Despite a new US TikTok deal, concerns remain about Chinese algorithm control and potential espionage. Legislators fear ByteDance's continued stake and the licensing agreement.
Despite a new US TikTok deal, concerns remain about Chinese algorithm control and potential espionage. Legislators fear ByteDance's continued stake and the licensing agreement.
Trump mentioned Lachlan Murdoch may join Ellison & Dell in a TikTok US deal. Concerns remain over ByteDance and national security, with deadlines approaching. Details are still vague.
Others rumored to have interest include Tesla and SpaceX founder Elon Musk as well as billionaire Frank McCourt and “Shark Tank” star Kevin O’Leary, who have said they have $20 billion in commitments as part of a plan to buy the TikTok brand and rebuild its algorithm from scratch on US soil.