Mnushin, “I received a notification of the acquisition of TikTok by Oracle … security check during this week”

[아시아경제 뉴욕=백종민 특파원] US Treasury Secretary Stephen Manusin said on the 14th (local time) that the US government received a proposal for Oracle’s acquisition of the US TikTok business, and it will be reviewed within this week.

Minister Manusin said on the CNBC broadcast that day. “The US government has great confidence in both Oracle and Microsoft. They chose Oracle. We and their technical team will verify whether personal information on Americans’ smartphones can be kept secure.” did.

In the United States government it is known that the Foreign Investment Committee (CFIUS) will be in charge of verifying the transaction. Minister Manusin also confirmed the position that the deal should be completed by the 20th.

Minister Mnushin hoped that if the sale of the TikTok business in the United States went through, 20,000 jobs would be created in the United States. He referred to the new TikTok as ‘Global TikTok’.

Meanwhile, China’s state CGTN broadcast Bytedance said it will not sell the US TikTok business to Microsoft or Oracle. According to the broadcast, Byte Dance will not deliver the source code for TikTok to the United States. The US media also reported that the transaction was not a complete sale.

On the New York Stock Exchange, which opened on the same day, Oracle’s share price rose 5.3% and Microsoft, which exited before the acquisition, rose 0.8%.

New York = Baek Jong-min correspondent [email protected]