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The White House announced that under the pending TikTok deal, the app's algorithm will be operated and overseen in the US by Oracle. A majority American-owned joint venture will control US operations, with ByteDance retaining less than 20% stake. Oracle and Silver Lake are among investors, alongside existing and new investors, including potentially Fox Corp. The deal awaits regulatory approvals from China but the White House is confident it will conclude, with President Trump expected to sign an executive order this week. The algorithm's control addresses US national security concerns regarding potential Chinese government influence.

Prepared by Jonathan Pierce and reviewed by editorial team.