Towards the beginning of July, the voice began to run that the battle between Bytedance and the United States for Tiktok would have been to reach its end. On the one hand, it was commented that the platform would have a special version of the App for the United States.; while, on the other, it has been advanced A purchase agreement for Tiktok would soon be closed.
The deadline imposed by the Trump government to discuss the platform was yesterday, although, although has been extended by a presidential decree for another three months. However, it seems that there is already white smoke in this competition, because China would have reached an agreement with the United States to sell it Tiktok, although without its algorithm.
Donald Trump’s government would have reached a consent with Xi Jinping to close the sale of Tiktok
A novel, there is no other way to qualify the American war. Uu. Against Tiktok, who now writes a new chapter.
And it turns out that the Chinese government would have reached an agreement with Donald Trump for Sell Tiktok to American investors. The information comes from The Wall Street JournalWhere it is assured that the secretary of the United States Treasury Department, Scott Besunt, would have participated in a negotiation with China in Madrid, in which in which A “basic consent framework” has been reached.
What does the latter mean? What There are still no concrete detailsSomething that goes hand in hand with the fact that the agreement would not yet be closed. However, Brescent indicated a couple of things.
The first, in the words of the secretary itself, is that “we were not willing to sacrifice national safety in favor of the agreement. So we could reach a series of agreements, mainly Things that we will not do in the future and that will have no impact on national security “.
The second, that Donald Trump and Xi Jinping will make a call on Friday 19 September Where everything will be made. Subsequently, the Congress must approve the proposal to take on the execution.
In the meantime, “any detail on Tiktok’s agreement is pure speculation, unless it is announced by this administration”, according to the words said by a high official of the White House.
But as we know you like to be aware of everything, let’s talk a little The items that exist around the agreement.
Tiktok’s sale in the United States would have been completed without its stellar element: the platform algorithm
What Tiktok will have its version in the United States earn some strength. Anyone who would think that there will be some changes after the racks, only for the American government to cease to indicate the platform as a Chinese espionage app. Therefore, users would not see a big change when using the American version of Tiktok, but it seems that it will not be so.
And it is that most of the voices that talk about Tiktok’s sale agree in one thing: yes, the sale will be made because Tiktok cannot lose the American marketBut Bytedance will not provide the code of its famous algorithm. That is, it is possible that the platform stops working just like the rest of the world, something that could affect the experience of use of US users.
Oracle is the great candidate to buy Tiktok, but it’s not alone
And if we talk about who the buyers and other details of the agreement will be, three companies are the most popular: Oracle, Andreessen Horowitz y Silver Lake. Among the three, They would buy 80% of Tiktok, leaving bytedance only 20%.
This means that The Board of Directors will mostly be AmericanSo they make most of the decisions, but there are also more: You will have to count on a member assigned by the Trump government. The goal? Very simple: make sure that the app ceases to be a danger to privacy and national security.
Oracle as one of those indicated makes much sensegiven that Since 2020 he has been in charge of archiving Tiktok data in the United States. Apart from Trump’s first mandate they would have reached a first agreement with Bytedance, although it was not thrived. But for all that we must add something else, and this is that Larry Ellison, Oracle’s CEO, has recently become the person with more money in the world by beating Elon Musk. That is, the money to specify the sale remained.
In fact, some rumors underline it The sale could have been completed in AprilBut It did not happen due to the climb of the rates that Trump has imposed on China. They were already reduced, but it is worth asking, Could it be that this time he will prosper?
We do not know, but the secretary of the treasure also indicated the following: Trump was very clear with his cabinet expressing him I would be “willing to let Tiktok be out of service” If an agreement is not reached.
