Trump says a TikTok deal is done. Who will own it, and how will it work?
President Trump announced today that a deal regarding the popular social media platform TikTok has been reached. The agreement involves Oracle and Walmart taking stakes in a new entity called TikTok Global. According to President Trump, this development would address national security concerns and data privacy issues related to TikTok’s operations in the U.S.
Oracle will acquire a 12.5% stake in TikTok Global and will provide secure cloud services to the platform. Walmart, on the other hand, has agreed to take a 7.5% stake and collaborate in areas like e-commerce, fulfillment, payments, and other services. Notably, the majority ownership of the new entity, around 80%, will remain in the hands of the China-based ByteDance, TikTok’s parent company.
President Trump expressed his approval of the deal, stating that it will generate around 25,000 jobs in the U.S. and contribute $5 billion towards American education. Oracle and Walmart highlighted their commitment to ensuring that TikTok Global adheres to the highest standards of user security, privacy, and content moderation.
However, the agreement still needs to be reviewed by the Committee on Foreign Investment in the United States (CFIUS) for final approval. If successful, TikTok Global is expected to be headquartered in the U.S. and will reportedly go public in about a year.
In response to these developments, TikTok stated that the deal would strengthen its position as a leading global platform for creativity and joy. The company emphasized its commitment to protecting the privacy and safety of its users while offering a platform for self-expression and creativity.
The proposed deal comes after months of uncertainty surrounding TikTok’s operations in the U.S. and the Trump administration’s concerns about the platform’s alleged ties to the Chinese government.
Sources Analysis:
President Trump – known bias towards prioritizing national security, potential interest in appearing tough on China.
Oracle and Walmart – potential interest in expanding their business operations and diversifying their investments.
TikTok – interested in maintaining its user base and operations in the U.S., potentially biased towards portraying the deal positively.
Fact Check:
The involvement of Oracle and Walmart in acquiring stakes in TikTok Global – Verified facts; the details of the deal have been officially announced by the involved parties and the U.S. government.
Potential creation of 25,000 jobs in the U.S. and $5 billion towards American education – Unconfirmed claims; these details would need further verification and monitoring to confirm their actualization.
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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 “Trump says a TikTok deal is done. Who will own it, and how will it work?”. 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.