Oracle about to acquire TikTok

The acquisition would bring TikTok’s U.S. operations under Oracle’s control and revive earlier plans for a 2020 deal with Oracle.

So say sources at NPR. Under President Donald Trump’s new administration, a deal between China’s ByteDance, the parent company of TikTok, and U.S. technology company Oracle is being reconsidered. A possible acquisition stems from lingering concerns about national security and the protection of U.S. user data. TikTok is originally…