TikTok parent company Bytedance proposes partnership with Oracle

CGTN published this video item, entitled “TikTok parent company Bytedance proposes partnership with Oracle” – below is their description.

TikTok says it has submitted a proposal to the U.S. government to address what Washington has called “security concerns.”

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About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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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.

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In This Story: TikTok

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.

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