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TikTok Oracle

TikTok Oracle Deal is reportedly ‘Shelved Indefinitely’

Sourced from Cosmico Last year, Tik Tok’s parent company ByteDance and Oracle reached a “technical partnership” for the social media platform’s US operations. The deal was expected to address the national security concerns surrounding TikTok, raised by the Trump Administration. But now, it would seem that these efforts have been ‘shelved indefinitely’ while US President Joe Biden “undertakes a broad review of his predecessor’s efforts to address potential security risks from Chinese tech companies”. Spokesperson for the National Security Council, Emily Horne told the Wall Street Journal that “we plan to develop a comprehensive approach to securing US data that addresses the full range of threats we face. This includes the risk posed by Chinese apps and other software that operate in t...