The Trump administration is reportedly developing a plan to avert a US TikTok ban. The plan involves Oracle, a group of private investors and TikTok’s parent company, ByteDance, maintaining a minority stake. Oracle would be responsible for key operations including data collection, software updates and managing algorithms. The structure would ensure the majority stake in TikTok is US-based, addressing national security concerns about possible Chinese government access to user data.
Malware Sneaks Into Apple & Google
Cybersecurity firm Kaspersky discovered a Trojan malware, SparkCat, that had penetrated Apple’s App Store and Google Play, posing a major threat to the crypto world.
