This is a situation revolving around the future and ownership of TikTok amidst ongoing discussions and policy shifts in the United States. The Trump administration has proposed a plan to address security concerns regarding TikTok by potentially transferring control of its global operations to U.S. companies.

Under this proposal American tech companies like Oracle and possibly Microsoft would take control of TikTok while the app’s Chinese parent company would retain a minority stake. The arrangement would place TikTok’s algorithm and data collection under Oracle’s oversight helping to reduce concerns about Chinese government influence and potentially appeasing U.S. lawmakers.

There are concerns about the Chinese government’s ability to collect data from American users through TikTok as well as the risk of influencing public opinion. The proposed plan aims to alleviate these worries by placing key elements of TikTok’s operation under American control.

However TikTok’s valuation is incredibly high and some wonder if such a large price tag will make it possible for investors to gain control of the platform. President Trump had previously threatened to ban TikTok entirely but later downplayed its value by calling it worthless.

At this stage the goal of the negotiations seems to be to minimize Chinese ownership while allowing Oracle to monitor and oversee TikTok’s data practices. This move could satisfy U.S. lawmakers who are more concerned about the influence of the Chinese Communist Party and the potential manipulation of TikTok’s algorithm.

In summary the proposed plan aims to reduce the Chinese influence over TikTok while allowing U.S. companies to oversee its critical operations potentially addressing both security and content concerns.