TikTok has officially closed a deal to split its US app from its global business operations. The agreement comes after months of negotiations and pressure from the US government over national security concerns related to the Chinese-owned app.
The deal, which involved Oracle and Walmart, was aimed at addressing the Trump administration’s concerns about data security and user privacy. As part of the agreement, TikTok Global will be a new company incorporated in the United States, with Oracle taking a 12.5% stake and Walmart taking a 7.5% stake. Oracle will also host all US user data and secure computer systems to ensure data privacy and security.
TikTok’s parent company, ByteDance, will retain the remaining 80% ownership of TikTok Global. The deal also includes a commitment from TikTok Global to create 25,000 new jobs in the US and establish a headquarters in the country.
President Trump has given his “blessing” to the deal, which had faced multiple deadlines and threats of a ban if not completed. The US government had raised concerns that the app could be used by the Chinese government to access sensitive user data.
TikTok has maintained that it does not share user data with the Chinese government and has taken steps to distance itself from its Chinese roots. The split of the US app is seen as a way to address regulatory concerns and continue operating in one of its most important markets.
The deal provides a resolution to the months-long uncertainty surrounding TikTok’s operations in the US and paves the way for the video-sharing app to continue its services while addressing national security concerns.
Sources Analysis:
– Oracle: Being directly involved in the deal, Oracle has a vested interest in ensuring its success.
– Walmart: Walmart’s involvement in the deal could be driven by its desire to expand into the tech and e-commerce space.
– US Government: The US government’s main interest in the deal is to address national security concerns related to TikTok’s data handling practices.
Fact Check:
– The deal involved Oracle and Walmart taking stakes in TikTok Global – Verified facts.
– TikTok Global committed to creating 25,000 new jobs in the US – Unconfirmed claims.
– President Trump gave his “blessing” to the deal – Verified facts.
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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 “TikTok closes deal to split US app from global business”. 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.