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Is Oracle Closer to Running TikTok?
America's Vice President "expressed confidence Friday that a deal to sell TikTok and keep the social media app running in the U.S. would largely be in place by an April deadline," reports NBC News. (Specifically the Vice President said "There will almost certainly be a high-level agreement that I th...
America's Vice President "expressed confidence Friday that a deal to sell TikTok and keep the social media app running in the U.S. would largely be in place by an April deadline," reports NBC News. And today Politico adds that Oracle " is accelerating talks with the White House on a deal to run TikTok, though significant concerns remain about what role the app's Chinese founders will play in its ongoing U.S. operation, according to three people familiar with the discussions. "[Oracle's discussions are happening] amid ongoing warnings from congressional Republicans and other China hawks that any new ownership deal — if it keeps TikTok's underlying technology in Chinese hands — could be only a surface-level fix to the security concerns that led to last year's sweeping bipartisan ban of the app.
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