A deal has been struck to allow the social media platform TikTok to continue operating in the United States, according to President Donald Trump. The agreement involves Oracle and Walmart, two American companies, taking minority stakes in a new entity called TikTok Global. As part of the deal, TikTok Global will be headquartered in the United States and will generate an estimated 25,000 jobs.
President Trump has stated that the deal addresses national security concerns by ensuring that TikTok’s data on American users is stored and processed securely. Oracle will be responsible for reviewing the app’s source code and updates to ensure that no backdoors or other vulnerabilities are present that could be exploited by the Chinese government.
TikTok’s parent company, ByteDance, will retain a majority stake in TikTok Global. The exact ownership breakdown of the new entity is still unclear, with conflicting reports emerging about the distribution of shares between ByteDance, Oracle, and Walmart. However, Oracle has confirmed that TikTok Global will be a U.S.-headquartered company with four out of five board members being American citizens.
The deal still needs to be approved by the U.S. government and Chinese authorities before it can be finalized. President Trump had previously issued an executive order demanding that TikTok be sold to an American company or face a ban in the country over national security concerns.
Both Oracle and Walmart have stakes in ensuring the success of this deal, as it would allow them to tap into TikTok’s sizable user base for advertising and e-commerce purposes.
Overall, while the deal seems to have appeased the Trump administration’s concerns about TikTok’s operations in the U.S., the final details and implementation remain subject to further approvals and scrutiny.
Sources Analysis:
– President Donald Trump: Known for his strong opinions on national security and America-first policies.
– Oracle and Walmart: Both companies have a vested interest in expanding their reach in the social media and e-commerce sectors.
– ByteDance (TikTok’s parent company): Has been under pressure from the U.S. government to address concerns about data security and privacy.
Fact Check:
– Deal with Oracle and Walmart to form TikTok Global: Verified facts, as confirmed by various official statements.
– TikTok Global to be headquartered in the U.S.: Unconfirmed claim, pending final approvals and regulatory processes.
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Model:
gpt-3.5-turbo
Used prompts:
1. You are an objective news journalist. You need to write an article on this topic “Deal is done to keep TikTok in the US, says Trump”. 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.