TikTok has entered into a partnership with American majority investors to avoid the banning of the platform in the USA.
Cristina Petrache
International
Foto Zulfugar Karimov / Alamy / Profimedia
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TikTok has announced the formation of a new joint venture, TikTok US, following agreements with major investors such as Oracle, Silver Lake, and MGX from the United Arab Emirates. This new entity will operate with guarantees aimed at protecting national security, including user data protection, algorithm security, and content moderation. American users will continue to use the existing TikTok application. President Donald Trump praised the agreement, thanking Chinese leader Xi Jinping for the collaboration. Adam Presser, former head of TikTok operations, will lead the new company, which will have a majority American board of directors. The agreement ends the uncertainty regarding the platform's future in the US, in the context of a law that could have led to a ban on TikTok if it did not find a new owner.
Sources
TikTok a încheiat o înțelegere pentru a evita interzicerea în SUA
TikTok obține undă verde pentru a rămâne funcţional în SUA, în urma unei înțelegeri Trump-Xi Jinping
TikTok a încheiat un parteneriat cu investitori majoritari americani pentru a evita interzicerea platformei în SUA
TikTok finalises deal to remain in US
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TikTok evită interdicţia în SUA după patru ani de tensiuni: ByteDance cedează controlul datelor şi al algoritmului aplicaţiei chineze către un joint venture dominat de companii tech, printre care şi Oracle. Investitorii americani preiau 80% din noua structură
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