According to Bloomberg, Oracle's involvement would entail providing security guarantees and taking a minority stake in a newly formed American entity, all while potentially leaving TikTok's prized algorithm under Chinese ownership.
Top congressional aides met with Oracle on Tuesday to talk about TikTok, which faces a ban in the United States unless it is sold to a non-Chinese owner by early April.
Under the rumored agreement, Oracle could serve as TikTok’s security partner – similar to Project Texas.
Vice President JD Vance told reporters Friday there will “almost certainly” be some kind of agreement before Trump’s block on the TikTok ban expires April 5.
The software company Oracle is accelerating talks with the White House on a deal to run TikTok, though significant concerns remain about what role the app’s Chinese founders will play in its ...
Chinese tech giant ByteDance has roughly two weeks to save its video app TikTok from a renewed US ban — and there are signs cloud computing giant Oracle may play a prominent role.
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The fight over TikTok in the U.S. is more than just a business deal; it is part of the big clash between the U.S. and China over tech, safety,
You may not associate Oracle Corporation with the likes of TikTok. One is a giant software company that makes industrial-grade database and cloud managemen