Oracle Is Frontrunner to Run TikTok

Politico: “The software company Oracle is accelerating talks with the White House on a deal to run TikTok, though significant concerns remain about what role the app’s Chinese founders will play in its ongoing U.S. operation.”

“Vance and national security adviser Mike Waltz … are taking the lead in negotiations, while senators have voiced a desire to be read in on any talks. The deal would essentially require the U.S. government to depend on Oracle to oversee the data of American users and ensure the Chinese government doesn’t have a backdoor to it.’