Oracle announced on Monday it was part of a proposal submitted by Bytedance to the U.S. Treasury Department to serve as"trusted technology provider," to Bytedance, with no further details on the terms of the deal.
Trump has made it clear he wants to see an outright sale of TikTok to a U.S. company, raising questions about the deal's approval amid concerns that U.S. user data could be passed on to China's government.Trump issued an executive order last month that would ban TikTok in the United States as early as Sept. 20 if ByteDance does not comply with a sale.
"An ongoing 'partnership' that allows for anything other than the full emancipation of the TikTok software from potential Chinese Communist Party control is completely unacceptable, and flatly inconsistent with the President's Executive Order," Hawley wrote. While the Trump administration has not yet said whether it will approve the deal, White House adviser Jared Kushner on Tuesday said the White House is reviewing Oracle's bid, even as other lawmakers took aim specifically at the firm's own track record.