Search results
Results from the WOW.Com Content Network
Oracle Corp. is the apparent winner in the TikTok bidding war, after Microsoft announced that its offer to acquire the popular video-sharing app had been rejected. There’s just one week till the ...
For premium support please call: 800-290-4726 more ways to reach us
TikTok and Oracle In early August, President Donald Trump signed an executive order that would effectively ban TikTok in the U.S. unless its Chinese owner, ByteDance, could find an American owner ...
On September 13, it was reported that TikTok had chosen Oracle to act as the former's "trusted tech partner." The partnership—intended to address the Trump administration's concerns over data security, and avoid an outright sale of its business and technological assets that the Chinese government would likely oppose—would involve ByteDance ...
A new subsidiary, TikTok U.S. Data Security Inc. (USDS), was created to manage user data, software code, back-end systems, and content moderation. It would report to the Committee on Foreign Investment in the United States (CFIUS), not ByteDance or TikTok, even for hiring practices. Oracle would review and spot check the data flows through USDS.
For premium support please call: 800-290-4726 more ways to reach us
McCourt said his company started work on a possible TikTok bid eight months ago, including technology, capital, and legal requirements to buy the platform. He didn’t say how much it would cost ...
TikTok will be banned in the United States on Jan. 19, 2025, after a federal appeals court rejected its bid to overturn the ban that President Biden signed in April. The law states that if TikTok ...