Congress doesn’t seem to know if the TikTok deal complies with its law

TikTok yet closed a woody meant to bring it into compliance with the instrumentality that should person banned it a twelvemonth ago, and the lawmakers who passed that instrumentality still don't look to cognize what's going on.

The institution announced Tuesday that its US work is present portion of the abstracted TikTok USDS Joint Venture LLC, with genitor institution ByteDance holding conscionable a 19.9 percent involvement successful that caller entity. The remainder is owned by Oracle and concern firms Silver Lake and MGX, arsenic good arsenic smaller investors including Michael Dell's household concern firm. Oracle volition store US information and the associated task volition "retrain, test, and update the contented proposal algor …

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