Too popular to ban. Political constraints.
>Will they be able to change the algorithms or censorship or amplification on TikTok?
"An Asia-based investor of ByteDance said the new US TikTok entity would use at least part of the Chinese algorithm but train it in the US on American user data."
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I'm not sure you're looking at this the right way though. This isn't some conclusion of a search for the optimal way to address the situation (which would probably be an actual digital privacy framework). The ban couldn't go through because the app was too popular and Trump liked the attention he was getting on it. So if the ban has to be backed out of, what's the second best option? A "deal" of course, from the world's best deal maker. It's no more complicated than that.
The Intel stake is the same - barely thought out. If you haven't noticed, this has been a common theme in many policy decisions lately.