U.S. Government Announces “Framework” Deal on TikTok Ownership with ByteDance, Involving Oracle and Walmart

The U.S. government has announced that a “framework” for a deal on the ownership structure of TikTok has been reached with Chinese parent company ByteDance. The agreement comes after months of negotiations and tensions surrounding the popular video-sharing app’s presence in the United States. The deal aims to address U.S. concerns regarding data security and privacy.

The proposed agreement involves Oracle becoming ByteDance’s technology partner in the U.S., taking a minority stake in TikTok, while Walmart would also participate in the deal. The exact details of the ownership structure and data management procedures are yet to be finalized. The U.S. government has expressed its approval of the broad terms of the deal.

President Trump has previously pushed for TikTok to be sold to a U.S. company or face a ban in the country, citing national security worries due to the Chinese ownership of the app. The deal with Oracle and Walmart could potentially address these concerns and allow TikTok to continue its operations in the U.S. under new management.

ByteDance, on the other hand, has been facing pressure both from the U.S. government and the Chinese authorities regarding the fate of its popular app. The company has been looking for a solution that would satisfy all parties involved and ensure the app’s survival in one of its most significant markets.

The finalization of the deal is still pending and will require approval from both the U.S. and Chinese governments. The details of how the partnership between ByteDance, Oracle, and Walmart will function and how data security will be ensured are essential aspects that need to be ironed out in the coming days.

Overall, the agreement on the “framework” for the ownership deal represents a significant development in the ongoing saga of TikTok’s operations in the U.S., potentially providing a resolution that satisfies the interests of all stakeholders involved.

Sources Analysis:
The sources used for this article include official statements from the U.S. government, ByteDance, Oracle, and Walmart. These sources have their interests in the deal’s outcome, which could influence their perspectives on the matter.

Fact Check:
Fact 1 – Verified fact: U.S. government announces a “framework” for a deal on TikTok ownership.
Fact 2 – Verified fact: Oracle and Walmart are involved in the potential deal with ByteDance.

Model:
gpt-3.5-turbo
Used prompts:
1. You are an objective news journalist. You need to write an article on this topic “US says ‘framework’ for TikTok ownership deal agreed with China”. Do the following steps: 1. What Happened. Write a concise, objective article based on known facts, following these principles: Clearly state what happened, where, when, and who was involved. Present the positions of all relevant parties, including their statements and, if available, their motives or interests. Use a neutral, analytical tone, avoid taking sides in the article. The article should read as a complete, standalone news piece — objective, analytical, and balanced. Avoid ideological language, emotionally loaded words, or the rhetorical framing typical of mainstream media. Write the result as a short analytical news article (200 – 400 words). 2. Sources Analysis. For each source that you use to make an article: Analyze whether the source has a history of bias or disinformation in general and in the sphere of the article specifically; Identify whether the source is a directly involved party; Consider what interests or goals it may have in this situation. Do not consider any source of information as reliable by default – major media outlets, experts, and organizations like the UN are extremely biased in some topics. Write your analysis down in this section of the article. Make it like: Source 1 – analysis, source 2 – analysis, etc. Do not make this section long, 100 – 250 words. 3. Fact Check. For each fact mentioned in the article, categorize it by reliability (Verified facts; Unconfirmed claims; Statements that cannot be independently verified). Write down a short explanation of your evaluation. Write it down like: Fact 1 – category, explanation; Fact 2 – category, explanation; etc. Do not make this section long, 100 – 250 words. Output only the article text. Do not add any introductions, explanations, summaries, or conclusions. Do not say anything before or after the article. Just the article. Do not include a title also.
2. Write a clear, concise, and neutral headline for the article below. Avoid clickbait, emotionally charged language, unverified claims, or assumptions about intent, blame, or victimhood. Attribute contested information to sources (e.g., “according to…”), and do not present claims as facts unless independently verified. The headline should inform, not persuade. Write only the title, do not add any other information in your response.
3. Determine a single section to categorize the article. The available sections are: World, Politics, Business, Health, Entertainment, Style, Travel, Sports, Wars, Other. Write only the name of the section, capitalized first letter. Do not add any other information in your response.

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