The TikTok deal is done, finally


TikTok USDS Joint Venture’s mandate is to secure U.S. user data, apps and the algorithm through comprehensive data privacy and cybersecurity measures. It will safeguard the U.S. content ecosystem through robust trust and safety policies and content moderation while ensuring continuous accountability through transparency reporting and third-party certifications.

Data Protection: U.S. user data will be protected by USDS Joint Venture in Oracle’s secure U.S. cloud environment. The Joint Venture will operate a comprehensive data privacy and cybersecurity program that is audited and certified by third party cybersecurity experts. The program will adhere to major industry standards, including the National Institute of Standards and Technology (NIST) CSF and 800-53 and ISO 27001 as well as the Cybersecurity & Infrastructure Security Agency (CISA) Security Requirements for Restricted Transactions.

Algorithm Security: The Joint Venture will retrain, test, and update the content recommendation algorithm on U.S. user data. The content recommendation algorithm will be secured in Oracle’s U.S. cloud environment.

Software Assurance: The Joint Venture will secure U.S. apps through software assurance protocols, and review and validate source code on an ongoing basis, assisted by its Trusted Security Partner, Oracle.

Trust & Safety: The Joint Venture will safeguard the U.S. content ecosystem and have decision-making authority for trust and safety policies and content moderation.

TikTok USDS Joint Venture has three managing investors, Silver Lake, Oracle and MGX, each holding 15%. Completing the full consortium of investors are: Dell Family Office, the investment firm of Michael Dell, Founder, Chairman and CEO of Dell Technologies; Vastmere Strategic Investments, LLC, an affiliate of Susquehanna International Group, LLP; Alpha Wave Partners; Revolution; Merritt Way, LLC controlled and managed by partners of Dragoneer; Via Nova, an affiliate of General Atlantic; Virgo LI, Inc., investment arm of a foundation established by Yuri and Julia Milner in support of science; and NJJ Capital, the family office of Xavier Niel, a French entrepreneur and pioneer in telecommunications. ByteDance retains 19.9% of the Joint Venture.



Source link

  • Related Posts

    In the coming AI future, Britain must not end up at the mercy of US tech giants | Rafael Behr

    Donald Trump is not impressed by soft power. He respects hard men with military muscle. But he can be moved by pageantry, which is the purpose of King Charles’s visit…

    The sequel to the iconic emulator ZSNES is called Super ZSNES, of course

    Somehow, ZSNES has returned after laying dormant for 20 years. The developers of the iconic Super Nintendo emulator, which originally debuted in 1997 for DOS (something I distinctly remember trying…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    6 Sustainable Kids Luggage Brands And Suitcases

    6 Sustainable Kids Luggage Brands And Suitcases

    Eating one bag of chips a day increases dementia risk, new study suggests

    Wins for Hampshire, Essex and The Blaze in One-Day Cup

    Wins for Hampshire, Essex and The Blaze in One-Day Cup

    The Top X Highest Paid US Military Pilot Ranks in 2026

    The Top X Highest Paid US Military Pilot Ranks in 2026

    Alberta testing 120 km/h speed limit on small highway section near Edmonton

    Alberta testing 120 km/h speed limit on small highway section near Edmonton

    Democrats investigate as Trump OKs almost $2 billion in taxpayer money to end offshore wind projects

    Democrats investigate as Trump OKs almost $2 billion in taxpayer money to end offshore wind projects