🏆Tiktok oracle🌊 - Oracle TikTok: What this deal means for you if Trump approves it

General Atlantic, Sequoia Capital Are Key Drivers in Oracle Bid for TikTok

, captures "vast swaths" of information and "threatens to allow" Chinese government officials to track Americans. government. 426000Z","hf":["Meghan Markle","Thank You, COVID-19 Heroes!!! They aim to create unbiased, evidence-based assessment of deals weighing the security risks against the potential benefits of both individual transactions and keeping the U. The lawsuit was filed Aug. setAttribute 'data-widget-id', window. That is their ground zero. Martin Chorzempa is a research fellow at the Peterson Institute for International Economics. As the situation rapidly progresses, TikTok's tens of millions of US users worry they could lose access to one of their favorite products. Its five-person board would have four Americans. business, he cited concerns users' personal information on the app could fall into the hands of the Chinese government. investors to join its bid. We'll be reviewing the proposal this week and making a recommendation to" Mr. Oracle confirmed that it's part of the proposal submitted to the Treasury Department. The company has operated in China for years, but in 2019 Oracle amid rising trade tensions between the U. assets of Chinese-owned TikTok has been rejected by TikTok's parent company, ByteDance. 964000Z","hf":["COVID 2020","London Train Stations Jammed with Passengers","... Treasury Secretary Steven Mnuchin sent Bytedance a revised terms sheet late Wednesday and the company and Oracle accepted it, the people said. The source would not detail which parts of the technology were being taken over by Oracle, which did not immediately respond to a request for comment Sunday. This lack of clarity has two types of negative side effects. China had warned it might block the technology from being exported. Speaking to reporters, Trump said he approved the deal "in concept. investment environment may worsen. government's national security concerns related to TikTok and U. history classes with more "patriotic" views. They allege it's feeding certain content to American users, lifting data from them at the same time and funneling it all back to the Chinese government. TMZ. The new terms, which are designed to protect the data of U. And comedian Sarah Cooper has used the platform to become a viral celebrity online thanks to posts in which with comic effect. His second album, Birds in the Trap Sing McKnight, was released in September 2016, to critical acclaim. On Sunday night — just two days before the deadline set by Microsoft — the TikTok deal finally came through. government and Beijing. ET A deal with Oracle for TikTok's U. government. Born in Saint Michael, Barbados, Rihanna moved to the United States at the age of 16 to pursue a recording career under the guidance of record producer Evan Rogers. companies for threats to national security. imdb. Possibly she was too busy bathing in cash she got from Kobe. As a "trusted technology provider" in the proposal, Oracle has not released specific details on how it might oversee or improve the U. Some in the Trump administration worry that a technology partnership does not adequately protect the data of U. So what does that mean for you? that it maintain a reputation for making assessments independent of what deals are politically unpopular. 4 billion in revenue for the three months that ended in August. TikTok has previously said it has walled off its data from that of its Chinese parent company and that it would not share information with the Chinese state. 363000Z","hf":["Rajon Rondo","Accuser Punched In Face By NBA Star's Girlfriend","... "ByteDance can still pursue a full sale of TikTok, its code, and its algorithm to a U. Microsoft said in early August that it was moving forward with plans to purchase the app, while pledging a security review. Kobe remained insanely happy... That represents roughly 14. No results found Your search did not match any results. CEO resignation Whether the Oracle-TikTok deal will allow the sidestepping of Chinese export restrictions depends on which entity retains control of TikTok in the U. technology partner in a bid to keep its U. " Oracle co-founder Larry Ellison is unusual among tech executives for his public support of Trump, hosting a fundraiser for him in February at his Rancho Mirage, California, estate. users TikTok's total number of monthly active users MAUs in the U. Much remains unclear about the proposed deal with Oracle, including whether it will only cover TikTok's U. open to investment. CFIUS has the power to recommend that the president reject or force amendments to deals, and Congress passed a major law in 2018 to give it even more authority, mainly driven by concerns about Chinese investment. Whatever the merits of the TikTok case, it too has been politicized. fast approaching, Chinese tech giant ByteDance said it will not be selling its video-sharing app TikTok to either Microsoft or Oracle, according to China state TV. She is an actress, known for Suits 2011 , Horrible Bosses 2011 and Remember Me 2010. Walmart, which had planned to partner with Microsoft on the acquisition, said Sunday it "continues to have an interest in a TikTok investment" and is talking about it with ByteDance and other parties. Microsoft had said it might invite some U. courts could still step in President Trump ordered bans on both TikTok and , but a federal judge in California recently halted WeChat's removal from U. "Oracle has assembled a powerful array of data companies that already collects information on what we buy, shop, view, etc. Walmart has also expressed interest in investing in TikTok and said in a statement Sunday that it is continuing discussions with ByteDance leadership. TikTok the U. The company said that it had submitted to the Committee on Foreign Investment in the United States extensive documentation of security measures to keep U. The US president has already indicated he would support a deal between Oracle and TikTok. And late Monday, Sen. In 2012, Scott signed his first major-label deal with Epic Records. All Rights Reserved. Bytedance is trying to win U. operations of the widely popular Chinese-owned app TikTok on Sunday, according to News of Oracle's purchase came just minutes after Microsoft, a top competitor for the sale, announced that TikTok parent company ByteDance had informed it that the company's bid had been rejected. The move means that any deal for TikTok might not include the app's sophisticated algorithm, seen as the secret ingredient to its success. Trump of Sept. National security threats have changed over that time, and greater scrutiny is largely justified. The formation of TikTok Global In a joint statement, Oracle and Walmart announced the creation of a new company, TikTok Global, an independent company headquartered in the U. The company says it has taken steps to protect the data of Americans, which the company said is stored mostly in the U. But official newspapers criticized the proposed deal this week as bullying and extortion. " In addition, Chester says he has warned the Federal Trade Commission and the Justice Department that he believes TikTok is violating privacy laws that shield children 12 and under in the U. unless a sale deal was reached by Sept. But its ties to China emerged in the past year as a quiet point of contention in Washington. users and about 700 million globally, is known for its fun, goofy videos of dancing, lip-syncing, pranks and jokes. And Oracle has to scrutinize the privacy practices of its competitors, including rival Google, which it is separately set to face off against in the Supreme Court later this year over a protracted copyright dispute. 112000Z","hf":["Former Rep. Lawyers for TikTok have to block Trump's executive order outlawing transactions between ByteDance subsidiaries and U. It's a deal that would tick a lot of boxes for the beleaguered short-form video app, including what is potentially its biggest hurdle of all: getting President Donald Trump on its side. Trump was born June 14, 1946 to parents Mary and Fred Trump in Queens, NY. Treasury Secretary Steven Mnuchin told CNBC on Monday that his department received a proposal "that includes Oracle as the trusted technological partner. Kidding!!!! 's Grand Hustle imprint. 5 trillion over the next five years. " The short-form video app burst into popular culture in the past few years, becoming one of the few recent social media upstarts to offer a credible rival to U. app stores with an injunction, citing concerns regarding the harm done to the app's Chinese users within the United States. Privacy advocates say Oracle now has a responsibility to address those issues and are already pushing for it and ByteDance to make additional commitments to beef up their privacy and security practices, regardless of how the structure of the deal shakes out. The key takeaways The TikTok story isn't over yet, and there could still be plenty of twists ahead, with unresolved arguments about its ownership stakes, use of tax proceeds, and the new AI export rules in China. national security requirements are satisfied. In recent weeks, US government officials have claimed that TikTok poses a serious threat to national security, and President Donald Trump has threatened to ban it unless an American company takes control of its domestic operations. Meanwhile, Oracle has helped fuel efforts to rein in rival tech companies. djreprints. and China, to gauge its long-term impact on American and Chinese companies. Thill suggested that TikTok competitors like Facebook and Snapchat should be "cheering on Oracle" as a buyer, because Oracle wouldn't "add a lot of value to the app. "The U. Some analysts see Oracle's interest in a consumer business as misguided. Try one of the popular searches shown below. The company has both directly and indirectly lobbied to pare down a key set of legal protections that shield internet companies from lawsuits over the content they host. Oracle has a close relationship with the Trump administration and a long track record with the U. 350000Z","hf":["Travis Scott","Happy Holidays to My Hometown... Despite its best efforts, CFIUS will come out of the TikTik mess associated with the politics of US-China relations. unless it was sold to a U. "China has no reason to give the green light to such a deal, which is dirty and unfair," said the newspaper China Daily on Wednesday. " He added, "There is also a commitment to make TikTok a U. The deal, which was confirmed Sunday by a source with direct knowledge, comes after the Trump administration to sell its U. Born in Louisville, Kentucky, Rondo attended Eastern High School and Oak Hill Academy for his high-school basketball career, before receiving a scholarship from the University of Kentucky. document. Reuters, citing unidentified sources, that Oracle would "assume management of TikTok's U. despite what they said was a good offer. It was thought that the lawsuit might be able to push back the ban, which would allow TikTok more time to secure a deal. TikTok is making the corporate technology company Oracle its business partner in the United States. For a while, the focus was on trade and protecting intellectual property, with both sides slapping tariffs on while government officials tried to negotiate new terms of engagement. Oracle would store TikTok data on its cloud platform, while Walmart would be involved as a commercial partner. In fact, these intended protocol changes may prove to be why Microsoft's takeover bid was summarily rejected. And ultimate authority to block deals rests with the president. But the saga isn't over yet. Separately, in a statement that it is "part of the proposal submitted by ByteDance to the Treasury Department over the weekend in which Oracle will serve as the trusted technology provider. What the deal does accomplish, though, is create the facsimile of U. "We can confirm that we've submitted a proposal to the Treasury Department which we believe would resolve the Administration's security concerns," TikTok said in a statement. and Singapore, to assuage U. In order for a no-sale option to be considered by the White House, Oracle stands the best chance," she said. The deal would make Oracle responsible for hosting all TikTok's U. It installed former Disney executive Kevin Mayer as its American CEO, but he after just a few months on the job, saying the "political environment has sharply changed. The app, which gives users the ability to create short videos matched to sound or music, has created its own generation of celebrities and countless dance trends. Link Copied• THE ULTIMATUM C-SPAN The last remaining known American bidder was Oracle -- and, obviously, they got the coveted prize in the end. or so it would seem. As the company sells its U. Republican and Democratic lawmakers have raised concerns about censorship and children's privacy. "Unless there are some last minute changes, ByteDance heads into the White House deadline this week with some dark days ahead as the plug now likely gets pulled on the TikTok app within the U. ","Get the Gist in Summaries!!! operations of the popular video-sharing app as it seeks to avoid a ban by the Trump administration, according to people familiar with the discussions. companies from doing business with ByteDance and alleging that the app poses risks that amount to a "national emergency. " reported Sunday that Oracle was in negotiations to be TikTok's "trusted tech partner," an ambiguous relationship that did not involve an outright sale of the platform, according to the Journal. — Brian Fung, Sherisse Pham, Jill Disis and Selina Wang contributed reporting. 100 million U. and China square off over the reach of their homegrown technology companies. First in line for a rousing game of strip billiards. 778000Z","hf":["NFL's Jerome Bettis","The Bus to The Rescue!!! consumers. and Oracle Corp. operations... The battle for control of TikTok in the United States goes beyond social media, security concerns and who winds up in charge. James Lewis, a senior vice president at the Center for Strategic and International Studies, a Washington think tank, pushed back against the notion that Oracle's apparent victory was driven by Ellison's cozy ties to Trump. Microsoft had been considered until this weekend. But as the relationship between Washington and Beijing frays, the fate of the video app, which is owned by China's ByteDance, looks uncertain. , based on the terms of the order. "All of these actions are part of an effort by China hawks in the U. to police the boundaries of its technology ecospheres with China. Trump has been married three times. stacksocialcontent. They described the changes as addressing national security concerns about the transaction and asked not to be identified because of the sensitivity of the matter. giants like Facebook and Snapchat. government. arm ahead of a 45-day deadline the White House imposed in an Aug. TikTok team to operate independently much like Microsoft did when it acquired LinkedIn. " "We are confident our proposal would have been good for TikTok's users, while protecting national security interests," a Microsoft spokesman said. ET : A previous version of this article misstated when TikTok sued the U. Image source: Getty Images. government's TikTok data concerns. " Download the for breaking news and alerts While cybersecurity experts note that China's laws enable its government to pressure companies like ByteDance to provide access to user information, they say there is no evidence that has happened to date. operations by Nov. stacksocialcontent. Microsoft said on Sunday its bid to acquire the U. This material may not be published, broadcast, rewritten, or redistributed. 15, though it is unclear how that date would be enforced. 149000Z","hf":["Book Reading in 2021","Cut to the Chase... In 2017, before U. Regardless, if the deal is approved, giant Oracle should be paid well. One can hardly blame the stock market for being severely rattled by the proliferating signs of a trade war between the United States and the rest of the world. TikTok CEO Kevin Mayer announced in August that he would be quitting after having assumed the role in June. This technical decision by TikTok was heavily influenced by in moving a large portion of its video conferencing capacity to the Oracle Public Cloud. Trump also has eight grandchildren. user data is stored in the U. The Wall Street Journal says the Bay Area-based tech company -- which sells database software technology and computer cloud systems -- has struck a deal with TikTok's parent company, ByteDance, to control U. "We believe Microsoft would only buy TikTok with its core algorithm which the Chinese government and ByteDance was not willing to budge," he said in a note to investors Monday morning. He played for two years at Kentucky before declaring for the 2006 NBA Draft, represented by agent Bill Duffy. TikTok faced the real risk of being shut down in the US, which seems unlikely to happen now. It also said its data centers are outside China, which suggests the data is not subject to Chinese authority. oversight that could potentially resolve the current political tension that has arisen from the U. If CFIUS becomes known for forcing sales of foreign companies to political allies of the president, the U. org calling on Ellison to cancel the fundraiser, held at his estate in Coachella Valley. including 2 touching tributes to the late NBA legend in the design. It said that its U. The latest major development came Saturday, when Trump said he'd approved a deal "in concept" between ByteDance, Oracle and Walmart, on the app that had. Trump last month that makes it illegal for U. The Oracle group to Microsoft Corp. Oracle is an enterprise software and cloud services company. Under the terms of the ban, people who already had TikTok on their phones could still post short videos of dances, fun recipes and comedy routines per usual, but no new downloads would be allowed. Nevertheless, unless the partnership deal allows the company to have unexpected access to TikTok's inner workings -- similar to a buyout deal -- Oracle will probably not be able to affect the app in any way that would make it safer for U. What are the privacy concerns of an Oracle deal? ly, a Chinese video platform. " In a statement of its own, TikTok confirmed the talks with the U. CEO Safra Katz has also donated to Trump's reelection bid. " The order states that the app, which is reported to have been downloaded 175 million times in the U. "We can confirm that we've submitted a proposal to the Treasury Department which we believe would resolve the Administration's security concerns," a TikTok spokesperson told NPR. ByteDance's ability to retain the app's technology could make the tie-up more palatable to Beijing regulators, according to Cameron Johnson, adjunct faculty instructor at New York University in Shanghai and partner at consulting firm Tidal Wave Solutions. Information about your device and internet connection, including your IP address• business to Oracle, it is also undergoing internal change. The measure, signed into law in 2018, was. She was previously married to Trevor Engelson. The Associated Press contributed to this report. who knew?!? TikTok spokesperson Hilary McQuaide declined to comment, saying the company would not comment "on rumors or speculation. NPR's Avie Schneider and NPR's Shannon Bond contributed to this report. Joined the British military instead of going to university, served on the front line in the Afghan War. Some experts think the proposed deal from Oracle could because of Trump's ties to cofounder Larry Ellison, a supporter of the president. The president said on August 18 that Oracle was "a great company" that "could handle" buying TikTok. All Rights Reserved This copy is for your personal, non-commercial use only. Under those terms, the board of directors would have to consist entirely of U. A critical factor will be making sure the technology is safe for users in the U. Though a ban has been averted for now, fears about restrictions have sent TikTok downloads soaring. Oracle separately also funded a dark money group that has lobbied aggressively for scaling back Section 230,. government having comfort with Oracle as a trusted vendor and stalwart U. It competes with tech giants such as Microsoft and Amazon that provide cloud services as well as business-software specialists like Salesforce. Browsing and search activity while using Verizon Media websites and apps• On the other hand, a Microsoft press release stated that the company "would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combatting disinformation," directly addressing the geopolitical tension surrounding TikTok's wild popularity and operation in the U. Here's the latest Over the weekend, Trump green-lit from Oracle just hours before a ban on downloads was due to take effect. The president can approve or deny a transaction recommended by the panel, though Trump has already voiced support for Oracle as a "great company" that could handle the acquisition.。 。

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Oracle TikTok: What this deal means for you if Trump approves it

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Oracle TikTok: What this deal means for you if Trump approves it

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