Tech giant Oracle is set to provide security for a US version of TikTok's algorithm, the White House said Monday, under a deal for the sale of the Chinese-owned app's American operations.
The proposal moves TikTok's US operations into a new joint venture based in the United States, a senior White House official told reporters, adding that the entity would involve a "majority-American board of directors."
Oracle, in turn, is expected to serve as a security provider.
The agreement provides that a copy of TikTok's content recommendation algorithm be brought into the US joint venture system, the official said.
"It's going to be fully inspected and retrained by the security provider on US user data, and then it's going to be operated by that US entity," the official added, speaking on condi