Senator Markey probes TikTok and Oracle on US data safety
Senator Ed Markey asked TikTok USDS and Oracle to explain how they protect US user data. The inquiry follows a deal to transfer operations to a joint venture.
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Senator Ed Markey demanded that ORACLE CORP and TikTok USDS explain data safeguards for 200 million United States users. The inquiry follows a January deal where China-based ByteDance ceded 80.1% control of the app's domestic operations. Investors face regulatory uncertainty as lawmakers question if the current divestiture structure sufficiently mitigates national security risks.
