TikTok Deal: China Wins, US Gets Less | JQJO

A potential deal concerning TikTok's US operations is nearing completion, involving a sale to American firms like Oracle. While presented as a win-win, details remain unclear. The US may not gain full access to TikTok's algorithm, receiving a modified version instead. China benefits by retaining control of its core technology, setting a precedent for future tech licensing deals, and gaining leverage in broader trade negotiations with the US. The agreement still requires congressional approval and faces potential political backlash.