Oracle confirms agreement with TikTok owner ByteDance to become a "trusted technology provider"

  On September 14, local time, after Microsoft confirmed that TikTok had rejected its acquisition request, Oracle confirmed that it had reached an agreement with TikTok's Chinese owner ByteDance to become its "trusted technology provider", but the agreement still requires the United States. Government approval.

  Oracle said on the 14th: "Oracle confirmed the statement of Minister Mnuchin, which is part of the proposal submitted by ByteDance to the Ministry of Finance last weekend. Oracle will become a trusted technology provider in this proposal."

  Mnuchin told CNBC on the morning of the 14th that the U.S. government plans to review the transaction this week, “I’m just from our standpoint, we need to ensure that the code is safe, the data of the American people is safe, and the phone information It is safe. Our technical team is looking forward to discussing work with Oracle in the future." (CCTV reporter Gu Xiang)