Oracle’s TikTok non-acquisition seeks Treasury, White House approval

Oracle’s TikTok non-acquisition seeks Treasury, White House approval

4 years ago
Anonymous $rxtAWepgzY

https://arstechnica.com/tech-policy/2020/09/oracles-tiktok-non-acquisition-seeks-treasury-white-house-approval/

President Donald Trump spent several months pushing to have TikTok banned or sold to a US firm. He seems to have gotten his way, as Oracle confirmed it struck a deal with ByteDance over TikTok. That transaction, however, does not necessarily assuage the White House's stated concerns with the popular video app—and the deal has a long way to go, in a short period of time, before it's done.