Reported 2 days ago
As the deadline approaches for Chinese tech giant ByteDance to sell TikTok's U.S. operations to avoid a ban, Oracle emerges as a potential major player in the deal. With concerns over U.S. national security and data protections, Oracle could safeguard American user data while allowing ByteDance to maintain control over TikTok’s algorithm. President Trump noted that responses from involved bidders are critical, as pressures mount from legislation mandating the app's divestment, placing ByteDance at a crossroads.
Source: YAHOO