Here's a breakdown of the deal as it stands right now—and the problems it still has: on two key terms: Oracle would become TikTok's "trusted technology provider" and take over hosting and processing TikTok's US user data, as well as own a minority stake
in TikTok. Those details have remained unchanged. One, TikTok will spin off into a separate corporate entity known as TikTok Global, which will be headquartered in the US. Two, But despite those additions, some national security concerns remain unresolved.
Remember when it wasn’t the King’s job to approve trade deals among companies, but the FTC’s?
What did they give him?
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