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cm0002@lemy.lol to Technology@lemmy.zipEnglish · 5 months ago

TikTok signs deal for sale of U.S. unit after years-long saga

www.axios.com

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TikTok signs deal for sale of U.S. unit after years-long saga

www.axios.com

cm0002@lemy.lol to Technology@lemmy.zipEnglish · 5 months ago
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Just a moment...
www.axios.com
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  • finitebanjo@piefed.worlddeleted by creator
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    • chicken@lemmy.dbzer0.com
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      5 months ago

      The current plan would be for ByteDance to create a duplicate copy of the TikTok algorithm, which then would be leased to a new joint venture controlled by a U.S. investor group led by Andreessen Horowitz, Silver Lake, and Oracle.

      • finitebanjo@piefed.worlddeleted by creator
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        • chicken@lemmy.dbzer0.com
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          5 months ago

          Maybe I’m ootl, is it confirmed somewhere that will be the case?

          • finitebanjo@piefed.worlddeleted by creator
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            • chicken@lemmy.dbzer0.com
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              5 months ago

              I found this: https://www.lawfaremedia.org/article/has-tiktok-implemented-project-texas

              USDS will house TikTok teams that access U.S. user data, access TikTok’s software code and back-end systems, or moderate content on the platform. By design, it will replicate several of the core functions of TikTok’s global business. For instance, it will have a separate human resources team that will be responsible for hiring and managing U.S. personnel. Additional teams housed in USDS will include engineering, user and product operations, privacy operations, trust and safety, legal, threat detection and response, and security risk and compliance.

              Oracle Cloud will host the TikTok platform in the United States, including the algorithm and the content moderation functions. It will be responsible for monitoring data flowing into USDS and out of USDS to ensure that no data illicitly transits the USDS boundary. All U.S. data traffic will be routed through Oracle Cloud.

              This was from 2023 but has something changed since then to mean it won’t be hosted or run from the US? Is there a reason to think these claims are false or misleading?

              • finitebanjo@piefed.worlddeleted by creator
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  • reddig33@lemmy.world
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    Another media outlet to be part-owned by Oracle/Ellison.

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