TikTok's Data Security in the U.S. Under Control: Good News

TikTok's US Future Looks Bright

US Vice President JD Vance expressed optimism about TikTok's future in the US. Vance stated that he believes TikTok has established a structure capable of controlling data security, thanks to the successful separation from Global.

Algorithm Security Ensured

Vance said, "We can guarantee that the algorithm is not being used as a propaganda tool by a foreign government." This assurance is considered an important step for TikTok users.

Legislative Process from Biden to Trump

Former US President Joe Biden signed a national security law banning TikTok from US app stores. However, to end the subsequent period of uncertainty, Donald Trump signed a new executive order for TikTok to continue operating in the country.

New Operation Structure and Investors

In line with Trump's executive order, TikTok's US operations will now be managed by a new joint venture company. ByteDance will hold less than 20% equity in this structure. Among the investors in this new structure will be tech giant Oracle, private equity firm Silver Lake, and the MGX investment fund.

Role of American Investors

Vance added, "While the basis of this agreement is a national security perspective, American investors and business people will be the ones to determine the final status regarding TikTok."