TikTok, the short video app, has chosen Oracle as a “trusted technology partner” to operate in the US as a way to avoid a ban, but the proposed deal still requires regulatory clearance from the government’s Committee on Foreign Investment in the United States.
SHANGHAI: Technology company Oracle’s bid to potentially become TikTok’s technology partner in the United States indicates that there may be technical solutions available to address US concerns instead of going to great lengths to ditch Chinese ownership, according to experts.
The short video app has chosen Oracle as a “trusted technology partner” to operate in the US as a way to avoid a ban, but the proposed deal still requires regulatory clearance from the government’s Committee on Foreign Investment in the United States.
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