Oracle Secures U.S. TikTok Algorithm Data Storage

about 1 month ago

Valerie Teitel

"Oracle has now been announced it will create and provide the security for a new U.S. version of TikTok's algorithm. Data from U.S. users would be stored in a secure cloud managed by Oracle with controls established to keep out foreign adversaries such as China."

Oracle is set to support a U.S.-run TikTok initiative by managing and securing user data in its cloud, a development that follows recent positive deals in its cloud business. This catalyst adds favorable investor sentiment regarding Oracle's growth opportunities in the data security space.

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