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Miroslav Trinko Issue news editor on “borders”. Geek, specialty programmer, but journalist by profession. Rider, tennis player and fan of Formula-1. I write about technologies, smartphones and electric vehicles.
Among them is the ancient Oracle platform partner, the Andreessen Horowitz Venture Fund and the Silver Lake investment company. Chinese shareholders will retain less than 20%, which meets the requirements of the law. In addition, the US government will have the right to appoint one member of the board of directors of the new body.
The arrangement has been talked about several months: President Donald Trump has hinted in June that it could be “two weeks”. It seems that China has given final approval – the local regulator said the US version of Tiktok would continue to use the Chinese algorithm. At the same time, the company engineers are working to reproduce the algorithm for a completely new version of the application using the License from Bytedance.
Oracle, which has long been working with Tiktok in the field of data security, will be responsible for managing users’ information in the US. The new application is already undergoing testing.
Although the parties have almost agreed, the final completion of the process may be delayed. Meanwhile, Trump has continued for the fourth time, after which the US version of Tiktok may be banned in the United States. The President also stated that on September 19, 2025 he plans to have a telephone conversation with China’s leader Xi Jinping to finally confirm the agreement.
”, – WRITE: mezha.media
Miroslav Trinko Issue news editor on “borders”. Geek, specialty programmer, but journalist by profession. Rider, tennis player and fan of Formula-1. I write about technologies, smartphones and electric vehicles.
Among them is the ancient Oracle platform partner, the Andreessen Horowitz Venture Fund and the Silver Lake investment company. Chinese shareholders will retain less than 20%, which meets the requirements of the law. In addition, the US government will have the right to appoint one member of the board of directors of the new body.
The arrangement has been talked about several months: President Donald Trump has hinted in June that it could be “two weeks”. It seems that China has given final approval – the local regulator said the US version of Tiktok would continue to use the Chinese algorithm. At the same time, the company engineers are working to reproduce the algorithm for a completely new version of the application using the License from Bytedance.
Oracle, which has long been working with Tiktok in the field of data security, will be responsible for managing users’ information in the US. The new application is already undergoing testing.
Although the parties have almost agreed, the final completion of the process may be delayed. Meanwhile, Trump has continued for the fourth time, after which the US version of Tiktok may be banned in the United States. The President also stated that on September 19, 2025 he plans to have a telephone conversation with China’s leader Xi Jinping to finally confirm the agreement.