Brendan Carr, one of the five commissioners at the Federal Communications Commission, told the media that CFIUS should take action to stop U.S. data on TikTok from flowing back to China. “I don’t believe there is a path forward for anything other than a ban,” he said. Details and context inside.
Report: TikTok to allay CFIUS data concerns with Oracle storage deal
According to media reports, social media platform TikTok is working on a deal with Oracle to store the personal information of U.S. citizens. The arrangement comes after CFIUS ordered Chinese parent company ByteDance to divest TikTok. Details, the update, and more are inside.