US lawmakers raise questions about proposed Bytedance-Oracle deal

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Oracle announced on Monday it was part of a proposal submitted by Bytedance to the U.S. Treasury Department to serve as "trusted technology provider," to Bytedance, with no further details on the terms of the deal.

A smartphone with the Tik Tok logo is seen in front of a displayed Oracle logo in this illustration taken, Septemeber 14, 2020. REUTERS/Dado Ruvic/Illustration

16 Sep 2020 09:55AM

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Oracle announced on Monday it was part of a proposal submitted by Bytedance to the U.S. Treasury Department to serve as "trusted technology provider," to Bytedance, with no further details on the terms of the deal.

Trump has made it clear he wants to see an outright sale of TikTok to a U.S. company, raising questions about the deal's approval amid concerns that U.S. user data could be passed on to China's government.

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Trump issued an executive order last month that would ban TikTok in the United States as early as Sept. 20 if ByteDance does not comply with a sale.

In a letter to Treasury Secretary Steven Mnuchin, who heads a national security panel that reviews such deals, Republican Senator Josh Hawley called on Monday for the proposal to be rejected.

"An ongoing 'partnership' that allows for anything other than the full emancipation of the TikTok software from potential Chinese Communist Party control is completely unacceptable, and flatly inconsistent with the President's Executive Order," Hawley wrote.

Democratic Senator Richard Blumenthal stopped short of demanding the deal be scuttled but sought key assurances.

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"I want specific, ironclad commitments on how Oracle & ByteDance will guarantee users privacy, cyber security, & freedom of expression," he tweeted.

While the Trump administration has not yet said whether iRead More – Source

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