WASHINGTON (AP) — The Biden administration has moved closer to securing a deal with China that would allow TikTok to continue operating in the U.S. while ensuring that American firms control its algorithm and security protocols.
In recent statements, White House press secretary Karoline Leavitt announced that major U.S. tech company Oracle will manage TikTok's data, while American nationals would comprise six of the seven board seats responsible for overseeing the app's U.S. operations. This structure aims to strengthen U.S. oversight of the app amidst growing concerns about data privacy and national security.
We are confident that a deal is in place, now we just need it formalized, Leavitt explained during an interview. President Trump reportedly discussed the terms of the potential agreement with Chinese President Xi Jinping in a recent phone call.
Despite bipartisan pressure in Congress for a ban on TikTok due to ties it has with its Chinese parent company ByteDance, Trump has used executive orders to delay such actions while negotiations continue.
Trump emphasized that owning the algorithm is critical in preventing any Chinese influence and reiterated that protective measures are being put in place. However, specifics on whether China will retain any control over the algorithm have not been explicitly addressed.
With discussions ongoing, Leavitt expressed optimism that the deal will be executed soon, indicating anticipation for a signing in the near future. The finalization of this agreement will mark a significant step in alleviating tensions regarding tech and privacy concerns between the two nations, she concluded.
