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 Chineseowned short video app would protect U.S. data.
WASHINGTON 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.
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