Stu Woo
👤 SpeakerAppearances Over Time
Podcast Appearances
If you're a user of TikTok, you're not going to see a difference.
It's going to be interoperable with the rest of the world, but it won't be banned.
Okay, so number one, TikTok is not getting banned in the US.
After all we've been through over the past couple of years with Congress banning them and the Supreme Court holding up that ban, TikTok is here to stay.
How this is happening is that TikTok's parent company, which is based in China, ByteDance, is agreeing to sell an 80% stake
It includes the family office of Michael Dell and includes Silverlake, the big investment firm.
So what that means is that while the Chinese parent company will still retain a big stake, the rest of the company will be overseen by U.S.
And the key investor here is Oracle, the big U.S.
They're going to be overseeing how TikTok is run in America.
So they're going to be housing the data for TikTok and also see how the algorithms work.
So the system that figures out what videos the average user sees.
OK, so let's step back a second.
Why was TikTok considered a security threat?