The arrangement, outlined by the White House official in a statement Monday, seeks to ensure that the American buyers control TikTok’s recommendation software in the US following a divestiture by its Chinese parent, ByteDance Ltd. Owners of the US-based TikTok would lease a copy of the algorithm from ByteDance that Oracle would then retrain “from the ground up,” according to the official. Data from US users would be stored in a secure cloud managed by Oracle with controls established to keep out foreign adversaries, including China, the official said.
I can’t believe oracle is still such a behemoth. I thought they dissappeared in the 2010s, but they’ve been steaming ahead doing evil things with shit tons of money this whole time.
It’s the same reason IBM still exists. Massive multinational / government contracts keep them alive and healthy.