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The NewsWorthy
Special Edition: Sell or Be Banned – TikTok Ultimatum
Apr 27, 2024
Makena Kelly discusses the TikTok ultimatum, potential buyers, antitrust concerns, foreign ownership challenges, security risks, and data privacy concerns. The podcast delves into the legislative process, geopolitical implications, and Oracle's role in safeguarding TikTok data amidst uncertainty.
17:07
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Quick takeaways
- TikTok must find an American buyer within 9 months or risk a ban, potentially leading to a new version without its algorithm.
- Legal challenges and concerns over data privacy, free speech, and national security complicate the TikTok ban decision.
Deep dives
Possible Sale of TikTok to Avoid Ban
TikTok's parent company, ByteDance, has about nine months to find a new owner, preferably an American entity, or face a ban as per the newly passed law. Companies like Microsoft have shown interest, considering TikTok's considerable value. ByteDance could sell TikTok without its algorithm, potentially leading to the creation of a new version.
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