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TikTok’s US Algorithm To Be Managed by Oracle; US JV, Oversight Questions | CNN2.0
🏛️ A senior White House official says the President will sign an executive order deeming the deal a qualified divestiture, shifting TikTok’s US operations and a copy of its algorithm to a majority‑American joint venture based in the United States.
🔒 Under the plan, Oracle will host and manage the US algorithm in cooperation with the government to ensure content is free from improper manipulation or surveillance, prompting questions about political neutrality and oversight.
🧩 Investor Kevin O’Leary describes “forking the code” to remove alleged spyware and reroute data flows, arguing compliance is enforced by a bipartisan law and a Supreme Court decision that he says create strong penalties for violations.
📈 O’Leary predicts user growth once “clean code” is certified and suggests broader US ownership, including small businesses, while noting Oracle’s US data centers will host the source code. 🧭 Key unknowns remain: final cap table, the precise oversight body during the transition, and how election‑season neutrality will be guaranteed as Oracle and the JV assume control.
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#TikTok #Oracle #Algorithm #Divestiture #DataSecurity #Congress #SupremeCourt #SocialMedia #CNNEconomy #CNN2Point0
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