Bobby Allen
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No, it's not really a thing, to be honest. It's extremely unusual. But a source close to the negotiations explained the logic behind it this way. A new U.S. entity would be created, led by Oracle, that can oversee TikTok. Okay.
And this new entity would lease TikTok's algorithm from ByteDance that would get around having to have the Chinese government sign off on the selling of the algorithm, which has always been an open question as to whether Beijing would approve that or not.
And this new entity would lease TikTok's algorithm from ByteDance that would get around having to have the Chinese government sign off on the selling of the algorithm, which has always been an open question as to whether Beijing would approve that or not.
And this new entity would lease TikTok's algorithm from ByteDance that would get around having to have the Chinese government sign off on the selling of the algorithm, which has always been an open question as to whether Beijing would approve that or not.
Yeah, it depends on how you see that, right? It's been a very divisive thing in the White House, which is full of China hawks. And this is the big question, whether leasing the TikTok algorithm would mean China does not control it. This gets to why Congress passed a law forcing TikTok in China to break up in the first place, as you've mentioned.
Yeah, it depends on how you see that, right? It's been a very divisive thing in the White House, which is full of China hawks. And this is the big question, whether leasing the TikTok algorithm would mean China does not control it. This gets to why Congress passed a law forcing TikTok in China to break up in the first place, as you've mentioned.
Yeah, it depends on how you see that, right? It's been a very divisive thing in the White House, which is full of China hawks. And this is the big question, whether leasing the TikTok algorithm would mean China does not control it. This gets to why Congress passed a law forcing TikTok in China to break up in the first place, as you've mentioned.
And lawmakers of both parties remain concerned that China will use TikTok to influence Americans to steal their data. Trump is hoping this deal, though, will put those fears to rest, but there is no guarantee.
And lawmakers of both parties remain concerned that China will use TikTok to influence Americans to steal their data. Trump is hoping this deal, though, will put those fears to rest, but there is no guarantee.
And lawmakers of both parties remain concerned that China will use TikTok to influence Americans to steal their data. Trump is hoping this deal, though, will put those fears to rest, but there is no guarantee.
Yeah, Trump has set this Saturday as the deadline for when TikTok needs to be sold. Most are expecting a deal to be announced sometime before then. The question becomes, how is China going to respond? Under the Oracle deal under consideration in the White House, they're making a concession to ByteDance by allowing ByteDance to keep a minority stake in the company.
Yeah, Trump has set this Saturday as the deadline for when TikTok needs to be sold. Most are expecting a deal to be announced sometime before then. The question becomes, how is China going to respond? Under the Oracle deal under consideration in the White House, they're making a concession to ByteDance by allowing ByteDance to keep a minority stake in the company.
Yeah, Trump has set this Saturday as the deadline for when TikTok needs to be sold. Most are expecting a deal to be announced sometime before then. The question becomes, how is China going to respond? Under the Oracle deal under consideration in the White House, they're making a concession to ByteDance by allowing ByteDance to keep a minority stake in the company.
It's worth noting that, you know, Trump's stiff tariffs on Chinese imports are part of the TikTok conversation. Chinese authorities, I think, were hoping TikTok could be used as leverage to get a better deal on tariffs, meaning, you know, if China supported a TikTok deal, maybe they would get some relief on tariffs. But it doesn't quite look like that is what happened.
It's worth noting that, you know, Trump's stiff tariffs on Chinese imports are part of the TikTok conversation. Chinese authorities, I think, were hoping TikTok could be used as leverage to get a better deal on tariffs, meaning, you know, if China supported a TikTok deal, maybe they would get some relief on tariffs. But it doesn't quite look like that is what happened.
It's worth noting that, you know, Trump's stiff tariffs on Chinese imports are part of the TikTok conversation. Chinese authorities, I think, were hoping TikTok could be used as leverage to get a better deal on tariffs, meaning, you know, if China supported a TikTok deal, maybe they would get some relief on tariffs. But it doesn't quite look like that is what happened.
No, Mr. Beast doesn't have a chance. It's really sad, I know.
No, Mr. Beast doesn't have a chance. It's really sad, I know.
No, Mr. Beast doesn't have a chance. It's really sad, I know.
Thanks, Lita.