The US government has approved a deal allowing TikTok to continue operating in the country, with Oracle and Walmart taking minority stakes in the app. This arrangement comes after months of intense negotiations and legal battles surrounding concerns over national security and user data privacy. The deal, which was finalized on September 19, 2020, effectively averts a ban on TikTok that was set to take effect in the US.
Under the terms of the deal, Oracle and Walmart will together take up to a 20% stake in a new US-based entity called TikTok Global. Oracle will become TikTok’s secure cloud provider, hosting all US user data and securing computer systems to ensure national security requirements are met. The newly formed company, TikTok Global, is set to provide a significant number of jobs in the US as well.
TikTok’s Chinese parent company, ByteDance, has stated that it will retain an 80% stake in TikTok Global, highlighting that the deal does not involve the transfer of any algorithms or technologies to Oracle or Walmart. This arrangement aims to address the Trump administration’s concerns over data security while allowing the popular app to continue its operations in the US. However, the specifics of how data will be protected and managed remain to be seen.
The deal represents a significant shift in the landscape of global tech regulation, with the US government taking unprecedented steps to address national security concerns related to Chinese-owned tech companies. It also sets a precedent for how other countries may choose to handle similar situations in the future, impacting the strategies and operations of Chinese tech giants on a global scale.
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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 “US-TikTok deal: A new reality for China’s tech champions?”. 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.