US President Donald Trump’s administration seems unhappy with Oracle’s deal with ByteDance over TikTok. According to the responsible minister, the Chinese state still has access to data from American users.
The details of the proposed deal are classified, however according to Bloomberg Oracle would get access to the source code and algorithms of TikTok, through an American company to be set up together with ByteDance under the name TikTok. In addition to Oracle, three more American companies would enter, but ByteDance would keep an eye on TikTok.
The United States government would prefer to see ByteDance sell TikTok entirely to an American company. Different possibly await a ban. The Trump administration is currently reviewing Oracle’s deal with ByteDance. The self-set deadline for a deal expires next Sunday.
Oracle’s director is Larry Ellison, a supporter of US President Trump. The close ties between Oracle and the government have given the company a hand in the process, claimt The New York Times. In recent years, the government has often been accused of favoring the president’s family and friends and disadvantaging enemies in recent years. So Amazon claims that the Pentagon’s bid to build cloud services went to Microsoft because Amazon owner Jeff Bezos owns a newspaper Trump hates.