Karoline Leavitt confirms Oracle will handle TikTok's data and security, and says the US is “100% confident” a deal is done and it “just needs to be signed”
and yes lots of TNG android memes [embedded post] Forums: r/technology : TikTok deal signed soon, includes U.S. control of algorithm, White House says See also Mediagazer
Sources detail Intel's two-week roller-coaster ride, from Trump demanding CEO Lip-Bu Tan step down to the US government becoming Intel's biggest shareholder
The Truth Social post, the White House meeting, the deal: How the struggling chip company managed a two-week roller-coaster ride
Source: TikTok CEO Shou Chew proposed to senior White House officials a US-based joint venture between US investors and TikTok that would oversee data security
Vance tapped to help oversee negotiations, with companies including Oracle and Amazon signaling interest while TikTok officials hope to avoid a sale X: @jchengwsj . LinkedIn: Jessica Toonkel X: Jonath...
Source: Oracle has won the bidding for the US operations of TikTok as a “trusted tech partner”; the deal will likely not be structured as an outright sale
Deal, which is likely not to be structured as an outright sale, will face White House review
Sources: Sequoia, which first invested in ByteDance in 2014 and holds a 10%+ stake, has been pressing its White House contacts to help land a deal for TikTok
TikTok's parent has been looking for a way to keep the video-sharing service alive in U.S. after Trump administration declared the app a national security threat
FCC will begin 37GHz, 39GHz, and 47GHz spectrum auctions for 5G use on Dec. 10, announces the $20.4B Rural Digital Opportunity Fund to connect up to 4M homes
- Sale to begin in December to advance fast network for new uses — White House announcement includes $20 billion for rural areas