Oracle Enters Deal with TikTok to be 'Trusted Tech Provider' to the U.S

Oracle, of the nation's largest data brokers, has agreed a deal with TikTok's parent company ByteDance to become a "trusted technology provider" to the U.S. The U.S. government previously raised concerns about the protection of user data collected by the popular video sharing app, especially given the power of the Chinese government to obtain data from TikTok. The full details of the agreement between TikTok and Oracle are unknown, but the White House and the Committee on Foreign Investments in the U.S. still need to approve this deal. Treasury Secretary Steve Mnuchin said that the department plans to review the deal, and the department acknowledged its obligation to review the service's data protection standards. Earlier this year, EPIC and a coalition of child advocacy, consumer, and privacy groups filed a complaint to the Federal Trade Commission to investigate TikTok's failure to protect children’s privacy.

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