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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: The Big Story: Is ByteDance's secret deal about to save TikTok from a US ban?
Description: TikTok’s future in the US has been hanging by a thread, caught between national security concerns, political battles, and calls for divestment. Now, ByteDance has unveiled a plan: a US-based joint venture with American and global investors, keeping only a minority stake for itself. Oracle will oversee data security, and TikTok says the new structure will operate independently. But does this deal really address the underlying security and governance concerns? Can TikTok stay under US oversight without compromise and what does it mean for the millions of Americans using the app every day? On Th...