A source revealed that TikTok is about to reach an agreement with Oracle to store the data of American users on the latter server. This is not the first time the two companies have negotiated a similar agreement. In late 2020, TikTok announced that Oracle would take a stake in the company to meet some of the Trump administration’s demands. At the time, the Trump administration asked ByteDance to sell TikTok’s U.S. operations.
Oracle’s deal to take a stake in TikTok was rejected by a court, and in June last year, new President Joe Biden lifted Trump’s ban. After Trump’s failed re-election campaign, Oracle’s deal to take a stake in TikTok has failed. Reuters earlier reported that Oracle is providing data storage services for TikTok.
TikTok is committed to protecting the privacy and security of our community,” a TikTok spokesperson said in a statement. “User data is stored in data centers located in the United States and Singapore, and we will continue to invest as part of our efforts to protect the security of our users and their information. Data Security.