Oracle will lead U.S. oversight of TikTok's algorithm and security under a deal outlined by the Trump administration. A joint venture including Oracle, Silver Lake, and potentially Rupert Murdoch and Michael Dell will take over U.S. operations. The U.S. will not hold a stake. The deal aims to address national security concerns regarding ByteDance's control of TikTok's algorithm. Finalization requires Chinese approval and regulatory clearance, potentially delaying completion until early next year. Oracle will review and secure U.S. data, while the algorithm will be 'retrained' with U.S. data. The deal's impact on user experience remains uncertain.

Prepared by Jonathan Pierce and reviewed by editorial team.