NPR News: 01-25-2025 6PM EST

217.046 - 237.826 Janine Herbst

Under the deal, TikTok's China-based owner ByteDance would retain a minority stake in the company, but the app's algorithm, data collection, and software updates would be overseen by Oracle, which already provides the foundation of TikTok's web infrastructure. It also means American investors would effectively own a majority stake, but the terms of the deal are still being hammered out.