Treasury Department - Page 3

Chinese State Media Hail TikTok-Oracle Partnership Proposal

Chinese state media praised the proposed deal between TikTok creators ByteDance and Oracle Corporation on Tuesday, with the Communist Party’s Global Times saluting it as recognition for “the hard-won efforts of the Chinese company amid a lack of trust between the world’s two largest economies.”

President Donald Trump gave TikTok six weeks to sell its US operations

Big Tech Lobbies FCC on Potential Spectrum Giveaway

Tech giants including Apple, Google, Microsoft, and Facebook are lobbying the FCC to allocate 1,200 MHz of spectrum on the 6 GHz band to Wi-Fi, meaning that they will be able to use it for free, without a license. An auction for spectrum usage could generate billions for the government.

Google train