The ‘technical partnership’ deal struck between US-based business software provider Oracle and ByteDance, the Chinese company that owns TikTok, is unlikely to bring cheers to users of the mobile app in India as the Centre is reportedly in no mood to relax the ban on the short-video platform.
Sanchit Vir Gogia, founder of Greyhound Research, told the publication: “This deal (TikTok-Oracle) won’t satisfy the Indian government from the data security point of view even if the deal included India. This deal is about data hosting, not change in data ownership. You need an Indian player to navigate India’s policy framework.”Times Now
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