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Oracle, the California-based computer technology corporation, announced Monday that it will serve as a business partner, or “trusted technology provider,” for the Chinese social media app TikTok. The ownership of TikTok has become politicized lately over unproven beliefs that the company shuttles private user information to the Chinese Communist Party, an assertion that President Trump appears to buy into and which administrative officials say motivated him to sign an executive order that would force TikTok to divest its assets in the United States and relinquish data it had gathered in the US.
The news about Oracle partnering with TikTok broke shortly after Microsoft announced that it had been unable to close a deal to purchase the app’s US operations. In a statement released on Sunday night, Microsoft explained that ByteDance, the company which owns TikTok, had informed them that they did not wish to follow through on a widely-discussed acquisition, though Microsoft insist that “we are confident our proposal would have been good for TikTok’s users, while protecting national security interests.”Advertisement:
Neither Oracle nor TikTok elaborated on the nature of their arrangement, including whether or not it involves Oracle outright purchasing the company or striking some kind of partnership …
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