TikTok US Will Be Controlled By Oracle, Silver Lake And Andreessen

[Chase]

TikTok US Will Be Controlled By Oracle, Silver Lake And Andreessen​

https://www.bloomberg.com/news/news...erations-to-be-acquired-by-oracle-silver-lake

US. investors will be holding a roughly 80% stake and Chinese shareholders owning the rest. Existing users in the US would be asked to shift to a new app, which TikTok has built and is testing. More importantly, TikTok engineers will re-create a set of content-recommendation algorithms for the app, using technology licensed from TikTok's parent ByteDance, although even the smallest deviation from the parent algo would likely doom the US-based app to failure as that particular highly addictive "secret sauce" is why the app is so popular.

Oracle, a longtime TikTok partner, would handle user data at its facilities in Texas, the WSJ noted.

 

[syed putra]

I am Guessing all those three are jewish.