Will a partnership with Oracle save TikTok in the U.S.?

Will a partnership with Oracle save TikTok in the U.S.?

28 Minuten

Beschreibung

vor 5 Jahren

After the White House demanded that Beijing-based owner ByteDance
sell its American operations to a U.S.-owned firm, or else be
blocked from doing business starting on September 20th. Oracle
emerged as the company that will make it happen on late Sunday
night, Bloomberg reports. This morning, Oracle confirmed that
it's reached a deal to become the trusted technology provider to
TikTok. The next step will be government approval. 


Microsoft was in the mix to buy TikTok's U.S. operations with a
plan to completely move all data to U.S. soil and take over all
of its algorithms from day one. Microsoft President Brad Smith
said that would protect against two key threats from TikTok: the
risk of the Chinese government infringing on the privacy of
American users, and the risk of the platform being used for
misinformation. 


Adding even more uncertainty to the equation are new reports on
Monday morning. China state broadcasters are reporting that
ByteDance won't sell TikTok to either Oracle or Microsoft. 


Here to discuss the situation with me today is Carmi Levy,
director of content marketing at Info-Tech Research Group. And we
have Scott Bickley, a principal research director in our CIO
group at Info-Tech. Welcome. Also joining us is Marc Mazur, a
research specialist in Security at Info-Tech. 

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