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Bulletins

Trump says he's signed off on TikTok deal with Oracle

President Trump on Saturday said he signed off on the proposed deal between Oracle and TikTok. The Commerce Department confirmed it would delay the initial TikTok ban by one week.


Under the partnership, which still needs to be officially approved by the U.S. and Chinese governments, Oracle will be TikTok's "trusted technology provider" to host all U.S. data and secure its computer systems.

"TikTok picked Oracle's new Generation 2 Cloud infrastructure because it's much faster, more reliable and more secure than the first generation technology currently offered by all the other major cloud providers," said Oracle Chief Technology Officer Larry Ellison, a top fundraiser for Trump, in a statement.

TikTok also confirmed it is in talks to bring on Walmart as a "commercial partner."

"The president has reviewed a deal among Oracle, Walmart and TikTok Global to address the national security threat posed by TikTok's operations," said Treasury Department spokesperson Monica Crowley. "Approval of the transaction is subject to a closing with Oracle and Walmart and necessary documentation and conditions to be approved by CFIUS."

Under the proposal, Oracle and Walmart would take up to a 20% stake in TikTok.

Politics

'Woke tech' and 'the new slave power': Conservatives gather for Vegas summit

An agenda for the event, hosted by the Claremont Institute, listed speakers including U.S. CTO Michael Kratsios and Texas Attorney General Ken Paxton.

The so-called "Digital Statecraft Summit" was organized by the Claremont Institute. The speakers include U.S. CTO Michael Kratsios and Texas Attorney General Ken Paxton, as well as a who's-who of far-right provocateurs.

Photo: David Vives/Unsplash

Conservative investors, political operatives, right-wing writers and Trump administration officials are quietly meeting in Las Vegas this weekend to discuss topics including China, "woke tech" and "the new slave power," according to four people who were invited to attend or speak at the event as well as a copy of the agenda obtained by Protocol.

The so-called "Digital Statecraft Summit" was organized by the Claremont Institute, a conservative think tank that says its mission is to "restore the principles of the American Founding to their rightful, preeminent authority in our national life." A list of speakers for the event includes a combination of past and current government officials as well as a who's who of far-right provocateurs. One speaker, conservative legal scholar John Eastman, rallied the president's supporters at a White House event before the Capitol Hill riot earlier this month. Some others have been associated with racist ideologies.

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Emily Birnbaum

Emily Birnbaum ( @birnbaum_e) is a tech policy reporter with Protocol. Her coverage focuses on the U.S. government's attempts to regulate one of the most powerful industries in the world, with a focus on antitrust, privacy and politics. Previously, she worked as a tech policy reporter with The Hill after spending several months as a breaking news reporter. She is a Bethesda, Maryland native and proud Kenyon College alumna.

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