US Treasury Secretary: any acquisition of tiktok will protect us data

U.S. Treasury Secretary manuchin on Tuesday declined to comment on reports that oracle was involved in a bid for tiktok, but said any deal to buy the parent company’s short video app, a Chinese company, would protect U.S. data, Reuters reported Thursday. “We are looking at all the different issues and I can assure you that any approved transaction will ensure that US data is protected and that tiktok becomes a U.S. – based company,” Mr. mnuchin said on CNBC television when asked about the FT’s report