FILE PHOTO: The logo of Chinese video app TikTok is seen on the side of the company's new office space at the C3 campus in Culver City, in the westside of Los Angeles.
Trump's comments, on Tuesday, came a day after US officials confirmed that Oracle was set to become the US partner of the Chinese-owned popular video app by ByteDance. "I heard they're very close to a deal," Trump told reporters, adding that "we're going to make a decision pretty soon" on whether to approve the tie-up, which would make Oracle a "trusted technology provider" for TikTok.The deal announcement came ahead of a deadline set by President Trump in early August for the app to sell or shut down its US operations.
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Oracle Deal With TikTok to Undergo U.S. National Security ReviewThe Treasury Department said it would examine the Silicon Valley software provider’s proposal for the popular video-sharing app’s U.S. operations and then make a recommendation to President Trump. We need to review the measures not allowing the data to be stolen It's not actually a sale of the full US operation. Looks like they are just hosting the US side, meaning it doesn't meet Trump's standard set and should still be on track to be shut down. Unless he changed his mind. Are you looking a virtual assistant for data entry jobs? To take my services please visit:
Source: WSJ - 🏆 98. / 63 Read more »
TikTok-Oracle deal close to national security approvalA bid by Oracle to keep TikTok operating in the U.S. by becoming its technology partner doesn't include the payment to the U.S. Treasury demanded by President Trump, but a promise to create 20,000 jobs could satisfy the administration's demands. Either this was worded extremely clickbaity or I completely missed it, but I did not see anything about approval. That’s the same story that’s been out for a few hours now. Is Oracle truly going ahead with this? With no source code? TrumpPayForPlay DOJPayForPlay
Source: latimes - 🏆 11. / 82 Read more »