Yahoo Finance published this video item, entitled “TikTok, Biden administration reach crossroads in national security agreement” – below is their description.
#TikTok #Biden #yahoofinance
Yahoo Finance tech reporter Allie Garfinkle outlines the talks between TikTok and Biden administration officials regarding the national security concerns tied to the social media app and Oracle’s willingness to chaperone any promises.
Yahoo Finance YouTube Channel
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Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. The company was headquartered in Redwood Shores, California, until December 2020. In 2020, Oracle was the second-largest software company in the world by revenue and market capitalization.
TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.
ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.
