Trump TikTok China.

A senior official in President Donald Trump’s administration says Oracle will receive a copy of TikTok’s algorithm to operate for U.S. users. The decision addresses U.S. national security concerns over the China-based social media platform. The algorithm recommends videos and has been a key issue in negotiations between Washington and Beijing. The Trump administration official insisted on anonymity Monday and said the plan aims to prevent potential manipulation of addictive content. Full details on investors haven’t been released. But private equity firm Silver Lake is confirmed as part of the investment group. Then-President Joe Biden signed legislation requiring ByteDance to sell its assets to an American company.