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Reuters and others reported in January that Trump's administration was working on a plan for TikTok that would involve tapping Oracle ORCL.N and some existing ByteDance investors to take ...
Oracle (NYSE:ORCL) is already TikTok’s primary cloud provider, which could leave the algorithm under ByteDance (BDNCE) control but with Oracle a “linchpin” to secure U.S. consumer data.
Despite all the bids, the White House was only seriously considering an Oracle (ORCL)-led consortium, The Verge reported. "ByteDance has been in discussion with the U.S. Government regarding a ...
as part of a bid led by Oracle (ORCL.N), opens new tab and other American investors to carve it out of ByteDance, the Financial Times reported on Tuesday. White House-led talks entail plans to ...
Blackstone Group (BX) has also been approached as part of late-stage talks to split TikTok away from ByteDance (BDNCE) before the April 5 deadline, after which the platform would be banned from the ...