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White House says TikTok’s algorithm and data will be controlled ‘by America’ in new deal
White House press secretary Karoline Leavitt said she was "100% confident" the deal between the U.S. and China is finalized.
She added that the data and privacy aspects of the platform will be in the hands of Oracle, the software and cloud computing company co-founded by Larry Ellison. Treasury Secretary Scott Bessent last week announced that the framework for a deal had been reached while he met with Chinese officials in Madrid. Trump on Friday said he had spoken with Chinese President Xi Jingping about the deal over the phone, telling reporters in the Oval Office that the two "have a very good relationship."
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