Oracle wins TikTok Bidding
China,Economy And Jobs,TikTok,Oracle,Social Media,Cybersecurity,National Security,Technology
From the Center
AllSides Media Bias Rating: Mixed
This Abridge News topic aggregates four unique arguments on different sides of the debate. Here are the quick facts to get you started:
THE QUICK FACTS
- Last week, TikTok, a popular Chinese-owned video app, announced a deal with Oracle, an American technology company.
- President Trump has for weeks threatened to ban TikTok, which is owned by China's ByteDance, on national security grounds unless an American company takes control of its US operations.
- Over the weekend, Trump gave his blessing to a deal that would give Oracle a stake in a new company called TikTok Global, which would be headquartered in the United States and operate the app.
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