Oracle says will serve as 'trusted technology provider' to ByteDance - InvestingChannel

Oracle says will serve as ‘trusted technology provider’ to ByteDance

Oracle confirmed in a press release Secretary Mnuchin’s statement that it is part of the proposal submitted by ByteDance to the Treasury Department over the weekend in which Oracle “will serve as the trusted technology provider.” The company added, “Oracle has a 40-year track record providing secure, highly performant technology solutions.”