Oracle is the last remaining publicly known bidder from the U.S. willing to buy TikTok's operations in America.
entirely in the U.S. if a deal isn't made ... it would've needed to make significant changes to make sure TikTok would be safe for American users, as it pertains to privacy, security, etc.
The real reason ByteDance reportedly didn't budge is that they weren't willing to sell away their underlying coding, which is the secret to their algorithm . BD has reportedly indicated THAT isn't for sale. Of course, that's a huge part of why Trump and co. either want to get rid of the app or control the technology. 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.The last remaining known American bidder was Oracle -- and, obviously, they got the coveted prize in the end. What remains unclear is if Oracle is looking to make the same sweeping security changes Microsoft was committed to ...
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