Treasury Secretary Steven Mnuchin on Oracle winning bid for TikTok's U.S. assets
Published Date: 9/14/2020
Source: CNBC Television
ByteDance, the Chinese owner of social video app TikTok, has chosen Oracle to be TikTok’s U.S. technology partner, and Oracle will take a significant stake in the business, according to a person familiar with the discussions. Microsoft said Sunday that ByteDance had chosen not to sell it TikTok’s U.S. assets. Treasury Secretary Steven Mnuchin joins "Squawk Box" to discuss.