Justin Sullivan/Getty Images
Last month, when President Donald Trump said he would ban the video app TikTok unless an American company took over its U.S. business, it was a solid bet that Microsoft would emerge as the buyer. Trump’s stated concern was that TikTok’s Beijing-based owner ByteDance could hand over user data to the Chinese government. Microsoft, the theory went, had the resources to take over the astronomically popular app but didn’t already operate a major social network .
, the database-software giant whose co-founder, Larry Ellison, is one of Trump’s most prominent supporters in the technology industry.that the company made the winning bid, and Treasury Secretary Steven Mnuchin confirmed on Monday that his office had received the bid proposal over the weekend. The deal, notably, does not appear to involve an actual sale of TikTok’s U.S. operations. Instead, Oracle would become TikTok’s “trusted tech partner” here.
I thought the government wasn’t not supposed to pick winners and losers. Wasn’t Obama criticized for doing the same. Yet another example of the hypocrisy of R’s BidenHarris2020Landslide takebacktheSenate keeptheHouse