AKALA But I do have several details I'm happy to run through for all of you. And the president will be signing the deal, the official deal, later this week at some point. Under the terms of this deal, TikTok will be owned by a majority of American investors and controlled by a board of directors with extensive national security and cybersecurity credentials in partnership with the US government. Oracle will serve as TikTok's trusted security provider and they will independently monitor the safety and data security of all US user data on TikTok's platform Platform Americans data will be stored securely in the United States without access from China. (23:20–23:33)
CLAIM
Asserts that TikTok will be owned by American investors and controlled by a board with national security credentials.
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