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TikTok Closing In On Deal with Oracle

tiktok news

TikTok is reportedly closing in on finalizing a deal with Oracle that would see the popular app storing it’s United States based members’ data without providing access to ByteDance, their Chinese parent company, according to Reuters.

According to the report, should the deal go through a dedicated team of engineers and cyber security workers would act as gatekeepers for the United States users’ data and would not be under TikTok’s supervision. Oracle would store all of TikTok’s US users’ data on its servers as part of the proposed agreement

Furthermore, the agreement is known internally at TikTok as “Project Texas”, which is a reference to the city of Austin, Texas, the home of Oracle’s headquarters, according to a report from Buzzfeed News.

The agreement will see new controls implemented that restrict access to United States user data, which it will later recreate in Europe, but the report indicated that it is still undecided just how much access Chinese managers at the company will have to the data and the United States based team.

This would create a new level of data security, in essence, for TikTok content creators based in the United States.

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