The deal involving US-based companies Oracle and Walmart taking minority stakes in the popular video-sharing app TikTok has been tentatively approved by the Trump administration. This agreement aims to address national security concerns and prevent the app from being banned in the US due to its Chinese ownership by ByteDance.
Under the deal, Oracle will become TikTok’s secure cloud services provider and Walmart will partner with Oracle. The new entity, to be called TikTok Global, will be based in the US and is expected to create 25,000 jobs. Oracle and Walmart will hold a combined 20% stake in TikTok Global, with ByteDance retaining the remaining 80%.
President Trump has emphasized the importance of national security in approving the deal while also mentioning that the $5 billion education fund promised by the companies will address his demand for the government to receive a payment from the deal. Oracle has highlighted that data privacy and security will be at the core of the partnership, assuring that TikTok Global will be fully controlled by American investors.
However, critics argue that the deal falls short of addressing the security concerns as ByteDance will still have a significant stake in the company. They also raise questions about the education fund’s purpose and whether it’s a way to benefit politically connected individuals.
The future of TikTok in the US remains uncertain as the details of the deal are still being finalized. The outcome of this agreement will likely have significant implications for the app’s user base and its presence in the American market.
Sources Analysis:
Oracle and Walmart – Both companies have interests in expanding their market reach and diversifying their services. They are directly involved parties in the deal and may benefit from accessing TikTok’s user base.
ByteDance – Being the Chinese parent company of TikTok, ByteDance has a vested interest in maintaining a stake in the new entity to continue operations in the US market.
Fact Check:
– The involvement of Oracle and Walmart in the deal – Verified facts; This information is widely reported and confirmed by multiple sources.
– Creation of 25,000 jobs – Unconfirmed claims; While this claim is stated as part of the deal, the actual number of jobs created remains to be seen.
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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 “Will the US TikTok deal make it safer but less relevant?”. 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.