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Why are Murdoch and other US investors buying TikTok's US operations?
The deal is driven by concerns over national security and data privacy, prompting US investors like Murdoch, Oracle, and others to seek control over TikTok’s US assets. The goal is to ensure American ownership and oversight, especially over user data and algorithms, amid ongoing political debates about Chinese ownership and influence.
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What does the deal mean for TikTok users in America?
For TikTok users in the US, the deal could mean changes in data security and how their information is managed. It aims to give US-based companies more control, potentially leading to stricter security measures. However, the core experience of TikTok is expected to stay the same, with ongoing access to the platform’s features.
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How will the ownership change affect TikTok's data and algorithms?
The new ownership aims to keep TikTok’s data within US control, with Oracle managing US user data since 2023. The deal also seeks to influence TikTok’s algorithms, which determine what content users see, to ensure they align with US security and policy standards.
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Who are the key players in this TikTok US deal?
Major figures include Rupert and Lachlan Murdoch, Oracle’s Larry Ellison, and Michael Dell. The investor group also includes companies like Silver Lake and MGX. These players are working together to acquire majority control, with Oracle playing a central role in managing security and data.
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What is the political significance of this deal?
The deal is part of a broader effort by the US government to limit Chinese influence and secure American control over TikTok’s data. It reflects ongoing tensions between the US and China over technology and security, with high-profile investors and political figures involved in shaping the outcome.
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When will the deal be finalized and what are the next steps?
The deal aims to be finalized by December 16, 2025. The process involves negotiations over ownership structure, security measures, and regulatory approvals. Once completed, it could set a precedent for how foreign-owned tech platforms are managed in the US.