What did Treasury Secretary Steve Mnuchin say about TikTok's future?
Tencent’s Gaming Stakes Draw U.S. National Security Scrutiny
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The video discusses the scrutiny of Chinese companies like Tencent and ByteDance by the US government due to national security concerns. Tencent's gaming stakes are under investigation, and ByteDance is forming a new US company with Oracle to address these concerns. The new entity, TikTok Global, plans an IPO within a year. The Trump administration's actions reflect heightened scrutiny of Chinese firms' ties to US companies.
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What were the national security concerns related to Bytedance and Oracle's deal?
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