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Welcome to Foreign Policy’s China Brief. The highlights this week: U.S. firm Oracle acquires TikTok under a dubious partnership arrangement, Chinese authorities crack down in Inner Mongolia after protests, and the U.S. Department of Justice indicts five Chinese hackers.
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Oracle’s TikTok Deal Raises Serious Questions
After weeks of speculation that Microsoft would acquire TikTok, the Chinese-owned app will instead be acquired by the corporate technology company Oracle. The deal, which has strong backing from the Trump administration, is dubious on several levels.
To begin with, the firm will remain majority-owned by Chinese parent company ByteDance, with a “partnership” with Oracle. The arrangement does not resolve any of the issues surrounding Chinese influence efforts, although it may clear up some of the worries about U.S. data reaching China. Serious concerns remain among the U.S. security community: One U.S. intelligence official told me that the deal “invalidates everything we’ve been working on.”
Oracle’s CTO, Larry Ellison, is also a fundraiser and supporter of President Donald Trump. As TikTok has become a platform for anti-Trump commentary, especially …
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