U.S. senators call for U.S. to reject Oracle's deal with TikTok

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According to foreign media The Verge, US Senator Josh Hawley publicly called on the Treasury Department to reject Oracle's "cooperation proposal" with TikTok, saying that "the cooperation is unacceptable for national security reasons."

According to foreign media reports, only one hour after Microsoft announced that its bid was rejected by TikTok owner ByteDance and that it would no longer acquire TikTok, Oracle announced that it had reached a deal with TikTok and was selected as a "trusted technology provider." Unlike a direct sale, Oracle may help TikTok operate in the United States through its own cloud technology.

The deal is currently awaiting a recommendation for approval from the Committee on Foreign Investment in the United States (CFIUS), but has been praised by the committee's chairman, U.S. Treasury Secretary Steve Mnuchin.

In an open letter to Mnuchin, Hawley said:

CFIUS should immediately reject any Oracle-ByteDance deal and send the case back to court to allow ByteDance to come up with a more acceptable solution.

ByteDance could still sell TikTok in its entirety, including its code and algorithms, to a US company so that the app could be rebuilt from scratch to eliminate any traces of CCP influence.

Trump is expected to receive CFIUS's advice on the final decision on TikTok's fate this week. Trump has not yet made any comments on the deal.