Oracle confirms it is part of proposal for TikTokworldUpdated: Sep 15, 2020 08:24 ISTOracle Corp confirmed on Monday that it was part of a proposal made by TikTok-parent ByteDance to the U.S. government to become a technology partner for the Chinese firm. Treasury Secretary Steven Mnuchin said earlier in the day that the Trump administration received a proposal from Oracle over the weekend to make Chinese-owned short video app TikTok a U.S.-headquartered company and will review the plan this week.

Source: Hindustan Times September 15, 2020 02:55 UTC