The U.S. administration would not have a stake in the joint venture nor be part of its board, according to a senior White House official. “TikTok users in the U.S will be able to see videos posted by users in other countries and vice versa,” Leavitt said. The changes that gradually occur while different data is fed into the U.S. copy of TikTok’s algorithm could be subtle and unnoticeable to most of its audience. Trump also mentioned Murdoch, whose company owns Fox News, as a potential investor in the joint venture. ByteDance is expected to have a 20%, or smaller, stake in the U.S. joint venture, whose board will be controlled by the U.S. investors.