TikTok deal won't include 'golden share' or equity for U.S., Trump administration says
1. Oracle will oversee TikTok's U.S. security operations under a new deal. 2. TikTok's U.S. operations will be based locally with a majority-American board. 3. The deal enhances Oracle's role in national data security. 4. No U.S. government equity stake in TikTok is involved in the agreement. 5. American ownership and control of TikTok's algorithm will be prioritized.