Beijing-based ByteDance, which owns the popular short video sharing app, rejected Microsoft's bid to buy TikTok's U.S. operations and instead chose Oracle to become TikTok's U.S. technology partner.
The politics surrounding the future of TikTok's operations in the United States could undermine the need for better understanding and assurances when it comes to protecting user data, said DarkTrace's Marcus Fowler.
It remains unclear if the U.S. government will approve a restructuring plan that would still keep TikTok's U.S. business, including the data collected by the app on American users, under ByteDance's control.
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