U.S. Treasury’s Mnuchin says any deal for TikTok will protect U.S. data
- 18th August 2020
- Posted by: Hakeem
- Category: Technology
WASHINGTON (Reuters) – U.S. Treasury Secretary Mnuchin on Tuesday declined comment about a report that Oracle Corp had entered the bidding for TikTok, but said any deal to acquire the Chinese-owned short video app would protect U.S. data.
“We’re looking at all the different issues and I can assure that any deal that gets approved will make sure that American data is protected and that this becomes a U.S.-based company,” Mnuchin said on CNBC television when asked about the Financial Times report