The New York Times on Sept. 26 reported that the Biden administration and the social media platform TikTok (owned by China-based ByteDance) may have reached a preliminary agreement that would allow TikTok to continue to operate in the United States, but with new restrictions to keep the user data of Americans within the U.S.
Oracle would become the host of Americans’ TikTok data, tasked with ensuring that it would not end up in communist China.
What’s at stake are detailed portraits of anywhere from 80 million to 120 million American users of TikTok, including tens of millions of adults.