YouTube announced its new feature YouTube Shorts, which looks and sounds a lot like the viral video app TikTok.
According to YouTube, Shorts is a new way to express yourself in 15 seconds or less. Users can use it to create and watch short-form videos right on the YouTube platform.
The new tool is for social media creators to shoot short, catchy videos using nothing but their mobile phones. It will offer a way to string multiple clips together, add music, and use a timer and countdown to record videos hands-free, all features currently available on TikTok.
Also, it would bring Shorts feature to additional countries in the coming months, and add more functionality.
On other hand, the early beta version of the product will launch over the next few days in india.
YouTube's announcement comes after news that TikTok and Oracle will become business partners in the US, a deal meant to satisfy the Trump administration's national security concerns about the Chinese-owned video app, a person familiar with the matter According to CNN Business on Sunday.
Noteworthy, Oracle announced won a deal to manage TikTok’s US cloud operations. It had been rumored to be part of the bidding process to acquire TikTok.
According to The Wall Street Journal that the company has been selected as a trusted tech partner instead. This is different from an outright sale, and appears to suggest Oracle will be helping run TikTok’s US operations with its own cloud technologies.
Oracle has a history of collaboration with the US government, making its partnership with TikTok a strategic move amid the growing undercurrent of Chinese opposition running through the White House and Congress.
On other hand, Oracle’s executives have close ties to the president, and the company may be well positioned to meet Trump’s expectations after the president took an active role in raising concerns about TikTok.
The deal would probably involve Oracle, a business software giant best known for selling database technology to corporations to help run their operations, taking a stake in the company.
In contrast, the application received lots of controversy from U.S. lawmakers and the Trump administration over national security concerns due to China’s ByteDance owning the technology. The company currently faces a deadline of Sept. 15 to either sell its U.S. operations to Microsoft Corp or being banned throughout America.
Under a Chinese law introduced in 2017, companies have an obligation to support and cooperate in the country’s national intelligence work.