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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.

Prepared by Rachel Morgan and reviewed by editorial team.