Nancy Marshall-Genzer

Apparently, ByteDance, in a press release, it just says the new joint venture will retrain, test, and update the algorithm on U.S.

user data, and the algorithm will be, quote, secured in Oracle's U.S.

cloud environment.

No, Sabree.

The new joint venture is not expected to change your experience immediately.

As the algorithm that serves up content is retrained, users might gradually see some changes in how content is presented to them.

But TikTok's global arm will still manage things like e-commerce, advertising, and marketing.

All right.

Marketplaces.

Nancy Marshall-Genzer, thank you so much.

You're welcome.

Investors were watching Trump closely as he spoke yesterday at the World Economic Forum in Davos, Switzerland.

Stocks popped after the president wrote in a social media post that he and the secretary general of NATO had hammered out a framework for a future deal on Greenland.

and he would not impose the tariffs he had threatened on eight NATO members starting February 1st.

Trump had announced those new import taxes over the weekend, leading to a sharp market sell-off earlier this week.

Traders also dumped U.S.

bonds, causing Treasury yields to increase.

When yields rise, they push up borrowing costs for U.S.

consumers and the federal government.

I'm Nancy Marshall-Genzer for Marketplace.