Posted by
1plus1
4 yrs ago
While it seems that no one knows exactly what a trusted technology partner does, Oracle will start by providing TikTok with hosting services. Oracle will store user data, but ** ByteDance, the China-based parent company of TikTok, will still oversee and operate the app. **
**** The arrangement raises numerous questions around the management of data privacy. The partnership does not give Oracle control over TikTok’s algorithm, leading some to fear that China could still exploit the app for nefarious purposes.****
The proposed deal now heads to the Senate’s Committee on Foreign Investment, whose approval is by no means a sure thing.
“We remain opposed to any deal that would allow China-based or controlled entities to retain, control or modify the code or algorithms that operate any U.S.-based version of TikTok,” Senator Marco Rubio wrote in a letter on Wednesday.
https://www.wsj.com/articles/microsoft-drops-out-of-bidding-for-tiktoks-u-s-operations-11600039821?utm_source=angellist
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