ByteDance

Trump Approves TikTok Deal that Maintains Chinese Ownership

President Trump has approved a deal that would create a partnership between the Chinese app TikTok and Oracle and Walmart to manage TikTok’s operation in America. TikTok’s Chinese parent, ByteDance, will own a majority share of the company and maintain ownership of TikTok’s all-important algorithms. 

china

Report: President Trump to Block U.S. Downloads of TikTok by Sunday

A recent report by Reuters claims that the U.S. Commerce Department plans to block downloads of the Chinese-owned apps TikTok and WeChat in the United States by Sunday, September 20. This claim, made by three sources, could indicate the Trump White House is not satisfied by the Oracle deal to be a “trusted” partner for TikTok’s Chinese owner, ByteDance.

TikTok video app

Oracle Promises to Review TikTok Source Code for Chinese Spying

As Silicon Valley giant Oracle faces backlash over its recent deal with Chinese company ByteDance to enter a partnership with TikTok, the company has promised to review the video-sharing app’s source code and software to ensure that there are no software backdoors that could be accessed by the Chinese government.

Larry Ellison, Chairman of Oracle

Chinese State Media Hail TikTok-Oracle Partnership Proposal

Chinese state media praised the proposed deal between TikTok creators ByteDance and Oracle Corporation on Tuesday, with the Communist Party’s Global Times saluting it as recognition for “the hard-won efforts of the Chinese company amid a lack of trust between the world’s two largest economies.”

President Donald Trump gave TikTok six weeks to sell its US operations

Report: Oracle Beats Microsoft in Bid for TikTok

Oracle has won the bidding to take over the U.S. operations of the Chinese-owned social media app TikTok, beating out Microsoft in a deal to allow the platform to continue operating in the United States. According to some sources familiar with the deal, it is closer to a “partnership” than an outright acquisition.

TikTok video app

Oracle Enters the Fight to Buy TikTok

Tech giant Oracle, considered Google’s arch-enemy in Silicon Valley, has reportedly joined the race to purchase the U.S. operations of the Chinese-owned app TikTok. Microsoft had previously announced plans to negotiate a purchase of the social media company.

Oracle Chairman Larry Ellison

China-Owned TikTok Names Disney Exec as CEO

TikTok, the Chinese-owned social media platform that has reached massive popularity with American teens, has poached from the upper ranks of the Walt Disney Company to find its new CEO.

TikTok video app