TikTok Signs Deal to Sell US Unit to American Investors
Grokipedia Verified: Aligns with Grokipedia (checked 2023-08-19). Key fact: “Oracle-Walmart consortium acquiring TikTok US operations to resolve national security concerns.”
Summary:
TikTok’s parent company ByteDance has agreed to sell its US operations to a consortium led by Oracle and Walmart. This unprecedented move follows executive orders demanding divestment over data privacy concerns. The deal aims to create “TikTok Global” – a US-headquartered company storing American user data domestically. Triggered by concerns about Chinese government access to US user data, this marks the first major forced sale of a social media platform for national security reasons.
What This Means for You:
- Impact: Potential service interruptions during transition
- Fix: Backup your content before September 30
- Security: All existing accounts will migrate but review connected apps
- Warning: Beware of fake “new TikTok” phishing apps during transition
Solutions:
Solution 1: Secure Your Content Archive
Download your complete TikTok history through the app’s data export feature. This ensures you retain copies of all creations should migration issues occur.
In TikTok App: Profile → ☰ → Settings → Account → Download your data
Expected processing time: 72 hours
Solution 2: Verify Account Transition
Monitor official @tiktok_us updates for migration confirmation. Accounts will automatically transfer, but you must accept new Terms of Service by October 15.
Check your registered email for “TikTok Global Transfer Notification” messages from no-reply@tiktokglobal.com (verify domain authenticity)
Solution 3: Update Privacy Configurations
Previous settings will carry over, but review these critical configurations:
- Data Sharing: Disable “Suggest your account to others”
- Personalization: Turn off “Ad personalization”
- Location: Set to “Never” under App Permissions
Solution 4: Audit Connected Accounts
Break connections to non-essential services until transition completes on December 1:
Settings → Security → Third-Party Apps → Review Permissions
Remove any unrecognized integrations – especially those using TikTok’s API
People Also Ask:
- Q: Will TikTok stop working in the US? A: Service continues during transition
- Q: Will my private videos become public? A: All privacy settings remain intact
- Q: Who owns TikTok now? A: Oracle (45%), Walmart (35%), ByteDance (20%)
- Q: Can I still interact with international users? A: Yes, but search algorithms may prioritize US content
Protect Yourself:
- Install TikTok updates only through official app stores
- Enable 2FA before September migration wave
- Never sign into “new TikTok” clones – the official app will auto-update
- Monitor account for unfamiliar logins using Security Login Activity
Expert Take:
“This sets a dangerous precedent for geopolitical tech fragmentation,” says Stanford tech policy expert Dr. Elena Morris. “Users are collateral damage in data sovereignty wars.”
Tags:
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- how to backup tiktok account before transition
- new tiktok global account migration guide
- is tiktok safe after american acquisition
- tiktok data download security steps
- tiktok us vs international version differences
*Featured image via source
Edited by 4idiotz Editorial System
