Oracle is nearing a deal that would allow it to vouch for the security of TikTok's U.S. operations, potentially giving the firm a small equity stake. The arrangement reportedly aims to ensure that the U.S. version of TikTok does not include any backdoors for the Chinese government, although TikTok's algorithm may remain with its parent company, ByteDance. Previous initiatives like Project Texas aimed to alleviate security concerns by managing data through Oracle servers, but reports suggest these efforts have fallen short of U.S. government expectations.
Oracle is negotiating a deal to "vouch" for TikTok's security in exchange for a stake, ensuring no backdoor access for China's government.
Despite TikTok's previous measures like Project Texas, concerns about user data access remain, with the U.S. government unconvinced.
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