Topic picture TikTok. Oracle is to become a US partner of TikTok, Microsoft is out. The Oracle of TikTok: Microsoft is out of the running to take over the US business of the short video app TikTok TikTok, also known as Douyin in China, is a Chinese video portal for lip-syncing music videos and other short video clips that also has social functions TikTok is available as a mobile app for the Android and iOS operating systems. The parent company is Beijing Bytedance Technology. | usage worldwide Photo by: Frank Hoermann/SVEN SIMON/picture-alliance/dpa/AP Images

Topic picture TikTok. Oracle is to become a US partner of TikTok, Microsoft is out. The Oracle of TikTok: Microsoft is out of the running to take over the US business of the short video app TikTok TikTok, also known as Douyin in China, is a Chinese video portal for lip-syncing music videos and other short video clips that also has social functions TikTok is available as a mobile app for the Android and iOS operating systems. The parent company is Beijing Bytedance Technology. | usage worldwide Photo by: Frank Hoermann/SVEN SIMON/picture-alliance/dpa/AP Images

TikTok and Oracle Make A Deal

Ina Fried, Axios’s chief technology correspondent, details how China based BytDance and U.S. based Oracle made a deal that gives Oracle control and access over user data and other security measures to ensure Americans’ data is protected. Additionally, Oracle will have sole power to oversee TikTok’s U.S. tech operations. Oracle will also take measures to ensure there will be no adverse changes or backdoors.

Another unique characteristic of this deal is that TikTok in the U.S. will have its own U.S. government approved board. This board will have a security director with national security credentials and a security subcommittee with U.S. citizens. This board will have the final say regarding security and data privacy and veto power over board decisions regarding security matters. Lastly, the subcommittee ensures TikTok in the U.S. will be compliant with the Committee on Foreign Investment in the United States (CFIUS) demands. TikTok Global, partially owned by Oracle and Walmart, will have a separate U.S. based board. It will own global operations, including the U.S. operation, which will have its own governance with separate security measures.

President Trump and U.S. security officials stated TikTok’s video-sharing platform is a U.S. security risk because China could access U.S. user data. Therefore, Trump said he would ban TikTok unless ByteDance agreed to sell by mid-September. It appears the Trump Administration is happy as ByteDance is no longer the primary TikTok owner.

Leave a Reply

Your email address will not be published. Required fields are marked *