Oracle is reportedly in the lead to save TikTok from US ban

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Oracle is closing in on a deal that would have it “vouch” for TikTok’s security in exchange for a small stake in the company’s US operations, according to Bloomberg. The plan, which was reportedly discussed among the Trump administration last week, would include “guarantees that an updated US version of TikTok would not contain a back door that China’s government could exploit.” As noted by Bloomberg, the deal may still leave the app’s algorithm with TikTok’s China-based parent company, ByteDance. A source told the outlet that China is aware of the potential deal, and that the country’s authorities will only approve if “TikTok’s algorithm remains fully under China’s control.” The Information similarly reported last week that Oracle could help save TikTok from a ban. Related How TikTok backed itself into a corner Whether this proposal ch ... Read full article.