TIPTOK DEPARTMENT PLAN: Oracle to secure the US algorithm of the video platform as part of Trump's agreement

TIPTOK REPORT PLAN: Big Tech company Oracle Corp. will oversee the security and help recreate an American version of Tiktok’s Algorithm under a possible relief agreement between Chinese firm biting and a consortium of US investors, Bloomberg news agency reported, with an official of the White House, which was quoted on September 23, according to the agency, according to the agency. Make sure the US buyers control the tiktok recommendation software in the United States after the repulsion of the Chinese parent company has moved. Owners of the US -based tapping test would rent a copy of the algorithm of bite dance that would then be trained with Oracle’s supervision, reports the news agency, citing an official who is aware of the development. According to the report, the full US buyer group has not yet been completed, but the US company of Tiktok will be owned by US investors. How will the data be stored? The data of the US population will be stored in a safe cloud run by Oracle to keep his control beyond the reach of foreigners, including China, the official told the news agency. The news release also emphasized that BiteDance would not have access to information on Tiktok’s US subscribers or control of the US algorithm. The arrangement will also allow Oracle to see how the algorithm is acting while the new US Tiktok entity operates and controls it, the White House official told reporters. According to current US legislation, the sale of tiktok bite dance of any operational role in a new US version of the mobile application, also with the software. However, the news release also emphasized that it is still unclear whether legislators who have supported a qualified repulsion will accept the Algorithm Plan and whether the approach to fully disconnecting tapping is technically feasible. Oracle will work with the US government on a wide range of issues, including algorithm -re -training, application development and source code review, the official told the news agency. The news release also emphasized that US President Donald Trump is planning to sign an executive order this week to formalize his approval of the transaction, but the regulatory reviews still have to be removed from both sides, according to the White House official. “The Chinese government respects the wishes of the company concerned, and would like to lead productive commercial negotiations in accordance with the market rules to a solution that complies with the laws and regulations of China and takes into account the interests of both sides,” China’s Foreign Ministry cited in the agency report.