The US government announced that a “framework” for a deal regarding the ownership of the popular social media app TikTok has been agreed upon with China. The agreement entails the formation of a new entity, TikTok Global, in which Oracle and Walmart would hold a combined 20% stake. The deal also ensures that TikTok’s headquarters will be located in the United States and create an additional 25,000 jobs.
According to the US Department of the Treasury, TikTok Global will be responsible for providing the technology to the users in the United States, while Oracle will be in charge of securing the data of American users. Additionally, Oracle stated they would review the source code and make sure that the data of US users is protected. President Trump has given his “blessing” to the deal.
The agreement comes after weeks of negotiations and threats of a ban on TikTok in the United States due to national security concerns. The Trump administration has raised apprehensions about the data collection practices of the Chinese-owned app, citing risks related to the safety of US user data. TikTok has repeatedly denied these allegations, emphasizing its commitment to user privacy and security.
Both Oracle and Walmart seem to benefit from this deal as it expands their reach into the social media market. On the other hand, China has not made an official statement regarding the agreement. However, the Chinese government introduced new restrictions on the export of artificial intelligence technology, which could affect TikTok’s algorithm, potentially impacting the deal.
Overall, the “framework” agreed upon by the US with China marks a significant development in the ongoing saga of TikTok’s ownership, addressing the concerns raised by the US government while allowing the app to continue its operations in the country.
Sources Analysis:
US Department of the Treasury – The source is directly involved in the negotiations and would have an interest in presenting the deal positively.
Oracle – Oracle stands to benefit from the deal with increased business opportunities in the social media sector.
Walmart – Walmart’s involvement could potentially enhance its online retail presence through TikTok.
Chinese Government – Not directly involved in the agreement, but may have concerns over the deal’s implications on Chinese technology companies.
Fact Check:
The agreement includes the formation of TikTok Global with Oracle and Walmart having a combined 20% stake – Verified facts; This information has been confirmed by official sources.
TikTok Global will be responsible for providing the technology to US users, while Oracle will secure US user data – Unconfirmed claims; While these statements come from involved parties, specific details may need further verification.
President Trump has given his “blessing” to the deal – Verified facts; This information has been confirmed by official sources.
—
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.