TikTok's US Joint Venture: A New Era of Trust

TikToks CEO, Shou Chew, announces a new US joint venture, majority-owned by American investors, including Oracle, Silver Lake, and MGX. This entity will handle data protection, algorithm security, content moderation, and software assurance, addressing privacy and national security concerns. Existing TikTok global US entities will continue managing global product interoperability and commercial activities.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.