Oracle Confirms Bid as TikTok ‘Trusted Technology Provider,’ Deal Pending Trump Administration Approval

Oracle could become the “technology provider” for TikTok under a deal reached with China’s ByteDance, Oracle said Monday, under a Trump administration order forcing the divestiture of TikTok U.S. assets. The software company’s official confirmation comes after Treasury Secretary Steve Mnuchin said in an interview with CNBC Monday that the U.S. government received a proposal […]

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