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ByteDance selects Oracle as  'technology partner' for TikTok

Oracle on Monday confirmed that ByteDance has submitted a proposal to the Treasury Department that would designate Oracle as TikTok's "trusted technology partner." More details on the structure of the partnership were not immediately available.

"Oracle has a 40-year track record providing secure, highly performant technology solutions," an Oracle spokeswoman told Protocol.

Treasury Secretary Steve Mnuchin said Monday that the Committee on Foreign Investment in the United States (CFIUS) will be reviewing the ByteDance-Oracle proposal to see if it assuages the U.S. government's national security concerns around TikTok.

Trading of Oracle shares were halted temporarily on Monday ahead of the pending news.

Martin Cooper with his original DynaTAC cell phone.

Photo: Ted Soqui/Getty Images

Martin Cooper helped invent one of the most consequential and successful products in history: the cell phone. And almost five decades after he made the first public cell phone call, on a 2-pound brick of a device called the DynaTAC, he's written a book about his career called "Cutting the Cord: The Cell Phone has Transformed Humanity." In it he tells the story of the cell phone's invention, and looks at how it has changed the world and will continue to do so.

Cooper came on the Source Code Podcast to talk about his time at Motorola, the process of designing the first-ever cell phone, whether today's tech giants are monopolies, and why he's bullish on the future of AI.

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David Pierce

David Pierce ( @pierce) is Protocol's editor at large. Prior to joining Protocol, he was a columnist at The Wall Street Journal, a senior writer with Wired, and deputy editor at The Verge. He owns all the phones.

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