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TikTok Seals Deal For Majority U.S.-Owned Joint Venture, Oracle Holds 15%
TikTok today announced a long-awaited deal for a majority American-owned joint venture it said “will operate under defined safeguards that protect national security through comprehensive data protections, algorithm security, content moderation, and software assurances for U.S. users.” The hugely popular video sharing social app also revealed that it has more than 200 million U.S. users. […]
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