ByteDance to partner with Oracle in US TikTok
ByteDance, the Chinese owner of TikTok has partnered with Oracle to comply with US President Trump’s executive order to sell or divest US TikTok operations. The partnership between ByteDance and Oracle was part of a proposal submitted by ByteDance to the U.S. Treasury Department, in which Oracle would serve as TikTok’s ‘trusted technology provider’. The deal needs to be approved by the US government.
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