TikTok’s algorithm and board of directors will be “controlled by America” as part of a deal reached with China earlier this week, White House press secretary Karoline Leavitt said Saturday, following ...

(Bloomberg) — Oracle Corp. (ORCL) would recreate and provide security for a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The United States will have control over TikTok’s algorithm in the acquisition of the social media platform’s US operations, White House press secretary Karoline Leavitt said on Saturday. “We are 100% ...

Technology company Oracle will provide security for the new TikTok entity in the United States, following the President Trump-backed deal to allow the social media company to keep operating in the U.S ...

The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...

The White House has confirmed that a new agreement on TikTok will see American companies take control of the algorithm that drives the video-sharing app’s feed, with US representatives also holding a ...

A deal to prevent a US TikTok ban is now in place. The app’s algorithm will be copied, overseen by Oracle, and retrained using only American user data. This new, separate system addresses national ...

WASHINGTON (AP) — Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok's popular video platform under the terms of a deal laid out this week by President ...