Oracle's Bid for TikTok Has to Pass U.S. Review

Oracle's Bid for TikTok Has to Pass U.S. Review

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the ongoing negotiations involving TikTok, Oracle, and the Trump administration. TikTok has chosen Oracle over Microsoft, allowing it more control than an outright sale. The Trump administration, which has been pushing for a complete sale, faces a deadline to approve the deal. The negotiations are highly public, with multiple stakeholders involved, including legal actions and executive orders. The situation remains complex and fluid, with many simultaneous developments in both the US and China.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did TikTok choose Oracle over Microsoft?

Microsoft withdrew its proposal.

Oracle offered more control to ByteDance.

Oracle is a more popular company.

Microsoft's proposal was more expensive.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the Trump administration's preference regarding the TikTok deal?

A merger with Microsoft.

A partnership with Oracle.

An outright sale of TikTok.

A joint venture with ByteDance.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did Steve Mnuchin play in the TikTok negotiations?

He confirmed the review of proposals.

He was the lead negotiator for Oracle.

He set a new deadline for the deal.

He opposed the deal with Oracle.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could happen if the TikTok deal is not approved by the deadline?

TikTok will be banned immediately.

The process may start over again.

Oracle will withdraw its proposal.

The deal will automatically be accepted.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason the TikTok story is confusing to follow?

The deal has already been finalized.

There is only one party involved.

Multiple events are occurring simultaneously.

The negotiations are happening in secret.