The White House announced a joint venture to operate TikTok's U.S. app, where TikTok CEO Shou Zi Chew declared it will independently manage U.S. data, content moderation, and algorithm security. However, Rush Doshi from the National Security Council raised concerns about the algorithm's ownership. The deal aims to satisfy national security concerns while maintaining ByteDance’s stake in U.S. operations, set to close on January 22, 2024.