WHITE HOUSE OUTLINES A TIKTOK DEAL WITH A U.S. BOARD

Summary from the TLDR newsletter

The new TikTok deal will involve Oracle handling data and privacy, and a new board for the company with a majority of American directors. TikTok's recommendation algorithm will be 'controlled by America' but it is unclear whether it will be licensed or altered. While the deal hasn't been signed, it appears that China will support the framework.