Home » World » Oracle confirms it is part of proposal for TikTok – world news

Oracle confirms it is part of proposal for TikTok – world news

Treasury Secretary Steven Mnuchin said earlier in the day that the Trump administration received a proposal from Oracle over the weekend to make Chinese-owned short video app TikTok a U.S.-headquartered company and will review the plan this week.

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Updated: Sep 15, 2020 08:24 IST

Oracle Corp confirmed on Monday that it was part of a proposal made by TikTok-parent ByteDance
Oracle Corp confirmed on Monday that it was part of a proposal made by TikTok-parent ByteDance(REUTERS)

Oracle Corp confirmed on Monday that it was part of a proposal made by TikTok-parent ByteDance to the U.S. government to become a technology partner for the Chinese firm.

Treasury Secretary Steven Mnuchin said earlier in the day that the Trump administration received a proposal from Oracle over the weekend to make Chinese-owned short video app TikTok a U.S.-headquartered company and will review the plan this week.

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