Oracle’s High-Stakes TikTok Takeover: A Game-Changer or a Geopolitical Time Bomb?

Oracle’s High-Stakes TikTok Takeover: A Game-Changer or a Geopolitical Time Bomb?

Oracle (NYSE:ORCL) is closing in on a deal to oversee TikTok’s U.S. operations, but the negotiations are anything but simple. While the plan would give Oracle a stake and control over American user data, ByteDancethe app’s Chinese parentmay still hold onto its powerful algorithm. That’s where things get tricky. Lawmakers and national security officials argue that as long as China retains influence over TikTok’s core technology, the risks don’t really go away. Beijing, for its part,…

Article Source
https://uk.finance.yahoo.com/news/oracles-high-stakes-tiktok-takeover-190510031.html

More From Author

NVIDIA Announces Isaac GR00T N1 — the World’s First Open Humanoid Robot Foundation Model — and Simulation Frameworks to Speed Robot Development

NVIDIA Announces Isaac GR00T N1 — the World’s First Open Humanoid Robot Foundation Model — and Simulation Frameworks to Speed Robot Development

Google to buy cybersecurity firm Wiz for  billion in the biggest deal in company’s history

Google to buy cybersecurity firm Wiz for $32 billion in the biggest deal in company’s history

Listen to the Podcast Overview

Watch the Keynote