Recently, ByteDance has reached a tripartite cooperation agreement with Oracle Bone Inscriptions and Wal-Mart. After the news was made public, some rumors about TIKTOK gradually appeared, most of which were derogatory remarks about TIKTOK. In response to these false rumors, ByteDance Company has issued a clarification. Previously, TIKTOK's living environment in the United States was very difficult due to the ban in the United States. After a series of analysis and planning, ByteDance made concessions and reached cooperation with Oracle Bone Inscriptions and Wal-Mart. In view of this tripartite cooperation agreement, there are rumors that TIKTOK will become an American-controlled company in the future, because many of its shareholders are American investors. When answering this question, ByteDance said: Although TIKTOK is headquartered in the United States, it is a subsidiary of ByteDance Company, holding 65,438+000% of the shares. Although ByteDance may make a round of financing for TIKTOK later, ByteDance still holds 80% of the shares. Without TIKTOK, it would be a company controlled by American enterprises. There are also rumors that after the tripartite cooperation, Oracle Bone Inscriptions will obtain and use the source code of TIKTOK. The source code can be said to be the core of Internet companies. ByteDance responded that Oracle Bone Inscriptions will provide data services for TIKTOK, and the tripartite agreement does not involve any transfer of algorithms and technologies, and Oracle Bone Inscriptions only has the authority to monitor. There are also rumors that TIKTOK will pay US$ 5 billion in taxes to the United States due to tripartite cooperation. In this regard, ByteDance said that TIKTOK's listing in the United States again, with 5 billion yuan, is based on the forecast of the tax payable for TIKTOK's future development, and the specific amount to be paid still needs to be decided according to the actual situation. The last one is ridiculous, or 5 billion. It is rumored that ByteDance will invest 5 billion yuan in the United States to develop education. ByteDance also responded to this. ByteDance has been committed to the development of education, hoping to use Internet technology to promote the development of education, but the 5 billion fund is not a small sum, and ByteDance would not say that it has invested so much money.