Oracle’s TikTok deal fails to resolve US security concerns

Oracle’s bid for the U.S. operations of social media platform TikTok does not fully resolve White House national security concerns, according to a new report.Credit: Kon KarampelasOn Sunday, it was reported that Microsoft’s bid to acquire TikTok’s U.S. arm had failed and that Oracle had closed a deal with developer ByteDance. The Chinese parent company had until Sept. 15 to ink a deal to avoid a ban on TikTok in the U.S.Read more…
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