Oracle Wins Bid for TikTok But Still Seeks Political Approval

+ more


The race to buy Gen Z’s favorite social media app, TikTok, has been front and center in the past few weeks. Finally, TikTok’s Chinese parent company, ByteDance, struck a deal with Oracle after turning down bids from Microsoft and Walmart. As President Trump’s ban of TikTok looms this weekend, US officials still need to sign off on the deal and address whether it assuages national security concerns, according to CNBC. If Oracle still uses Chinese source code as part of the app, Silicon Valley critics argue the acquisition won’t change the initial dynamics that drew concern over Chinese use of American data.

On this Business Casual snippet, hosts Daniel Litwin and Tyler Kern weigh in on whether the deal will appease US officials enough to go through. Whatsmore, why is TikTok the data collection platform faced being most scrutinized over ethical information handling?


  1. TikTok strikes deal with Oracle for a minority stake in the app’s US-based brand.
  2. For many critics, the deal does little to qualm Chinese oversight concerns.
  3. What are the various factors motivating US political leaders’ very public discourse around TikTok?

Be sure to subscribe to our industry publication for the latest news, videos, and podcasts in the Software & Technology Industry.

Twitter – @MarketScale
Facebook –
LinkedIn –


Track to the Future: Array Technologies Achieves ISO 9001:2015 Certification
April 20, 2021
Array Technologies recently completed its ISO audits and ISO certification. This exciting step in Array Technologies' growth was the main topic of conversation for this episode of Track to the Future. Travis Read more
Experience Evolution: A JRNI through Experiential Relationship Management
April 20, 2021
 JRNI is a platform for scheduling and managing personalized experiences for retail, banks, credit unions and other financial institutions. John Federman, JRNI’s CEO, helped kick off the inaugural episode of the Read more
E2B: Energy Industry Cybersecurity Threats In The Digital Age
April 20, 2021
  Are energy companies taking cybersecurity seriously? Are they shifting focus to application security? E2B host Daniel Litwin speaks with Dan Cornell, Chief Technology Officer of the Denim Group and Kent Read more