Overview

• Vice President JD Vance’s communications director said the recommendation algorithm would run in the United States under Oracle’s oversight.
• The proposed deal would shift majority ownership to American investors, with Chinese investors expected to retain no more than a 20% stake.
• White House Press Secretary Karoline Leavitt said the agreement is expected to be signed in the coming days.
• Officials said American user data would remain in the United States, a requirement aligned with the ban-or-sale statute that forbids joint algorithm operations with a China-based entity.
• Key issues remain unresolved, including Chinese regulatory approval and the treatment of the algorithm’s intellectual property, with experts noting a U.S.-only app would likely differ from today’s experience.