{"id":66351,"date":"2020-09-14T16:31:00","date_gmt":"2020-09-14T13:31:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/tiktoks-deal-with-oracle-may-not-include-apps-key-algorithm\/"},"modified":"2020-09-14T16:31:00","modified_gmt":"2020-09-14T13:31:00","slug":"tiktoks-deal-with-oracle-may-not-include-apps-key-algorithm","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/tiktoks-deal-with-oracle-may-not-include-apps-key-algorithm\/","title":{"rendered":"#TikTok\u2019s deal with Oracle may not include app\u2019s key algorithm"},"content":{"rendered":"

“#TikTok\u2019s deal with Oracle may not include app<\/a>\u2019s key algorithm<\/strong>”<\/p>\n

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September 14, 2020 |<\/span> 9:31am |<\/span> Updated September 14, 2020 | 9:33am<\/span><\/p>\n

\n TikTok\u2019s Chinese parent company reportedly doesn\u2019t want to sell its signature algorithm \u2014 meaning Oracle\u2019s deal to take over parts of the app may not include its secret sauce.<\/p>\n

The American software giant has struck a deal to become TikTok\u2019s so-called technology<\/a> partner ahead of the Trump administration\u2019s looming deadline for Beijing-based ByteDance to sell the short-video platform\u2019s American operations, according to multiple reports.<\/p>\n

But ByteDance will not include TikTok\u2019s algorithm \u2014 which powers the app\u2019s addictive recommendations \u2014 in any sale or divestment deal after the Chinese government imposed new restrictions on technology exports, the South China Morning Post reported late Sunday, citing an unnamed source briefed on the company\u2019s discussions.<\/p>\n

Chinese state media<\/a> outlet CGTN similarly reported that ByteDance would not give TikTok\u2019s \u201csource code\u201d to any American buyer or fully sell the app\u2019s US operations. Those rules likely would have forced ByteDance to get a license from Beijing to export the algorithm to an American company, a move that was viewed as an effort to slow down the politically sensitive negotiations.<\/p>\n

California-based Oracle will instead take on the more limited role of managing the app\u2019s American user data, according to Reuters. Concerns that Americans\u2019 data could be shared with China\u2019s government spurred Trump to order the TikTok sale last month, though the app has denied those allegations.<\/p>\n

Oracle is also expected to take a stake in TikTok\u2019s American operations but will not become the app\u2019s outright owner in the US, according to multiple reports. The deal will \u201clook more like a corporate restructuring\u201d than the sale floated by Microsoft, which said Sunday that ByteDance had rejected its bid, Bloomberg News<\/a> reported.<\/p>\n

Oracle shares nevertheless jumped about 7.4 percent in premarket trading Monday to $61.25 as of 8:42 a.m. Spokespeople for ByteDance, TikTok and Oracle did not immediately respond to requests for comment Monday morning.<\/p>\n

The apparent exclusion of TikTok\u2019s algorithm raises questions about whether US officials will approve the deal, according to Wedbush Securities analyst Daniel Ives. Trump has set a Nov. 12 deadline for ByteDance to divest the app\u2019s US operations, but a separate order banning transactions between ByteDance and American companies is set to take effect Sept. 20.<\/p>\n

\u201cOracle could be a technology partner, but a sale\/divestiture of the US operations for TikTok remains the focus,\u201d Ives said in a note Sunday evening. \u201cUnless [there are] some last minute changes, ByteDance heads into the White House deadline this week with some dark days ahead as the plug now likely gets pulled on the TikTok app within the US.\u201d\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#TikTok\u2019s deal with Oracle may not include app\u2019s key algorithm” September 14, 2020 | 9:31am | Updated September 14, 2020 | 9:33am TikTok\u2019s Chinese parent company reportedly doesn\u2019t want to sell its signature algorithm \u2014 meaning Oracle\u2019s deal to take over parts of the app may not include its secret sauce. The American software giant…<\/p>\n","protected":false},"author":1,"featured_media":66352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[68939],"class_list":["post-66351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-tiktoks-deal-with-oracle-may-not-include-apps-key-algorithm"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/66351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=66351"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/66351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/66352"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=66351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=66351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=66351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}