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Trump Administration Eyes TikTok Lease Amid Security Concerns

4/3/2025

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Summary

Story summary

The Trump administration is exploring a potential deal to lease TikTok's algorithm from ByteDance, aiming to sidestep a ban. Oracle could spearhead a new U.S. entity, allowing ByteDance to keep a minority stake. As the deadline looms, data security fears and worries over Chinese influence intensify the urgency of the negotiations.

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Story summary

The Trump administration is exploring a potential deal to lease TikTok's algorithm from ByteDance, aiming to sidestep a ban. Oracle could spearhead a new U.S. entity, allowing ByteDance to keep a minority stake. As the deadline looms, data security fears and worries over Chinese influence intensify the urgency of the negotiations.