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

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The company announced Tuesday that its US service is now part of the separate TikTok USDS Joint Venture LLC, with parent company ByteDance holding just a 19. Oracle will store US data and the joint venture will “retrain, test, and update the content recommendation algor …
Read the full story at The Verge. 9 percent stake in that new entity. TikTok finally closed a deal meant to bring it into compliance with the law that should have banned it a year ago, and the lawmakers who passed that law still don’t seem to know what’s going on.