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 (ORCL) could play a prominent role.
ByteDance faces a federal mandate to divest the popular social media app but won a reprieve from President Trump, who, on his first day in office, asked his attorney general not to enforce the law for 75 days. If ByteDance can’t find a buyer for TikTok’s US operations, the ban passed by Congress…
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https://uk.finance.yahoo.com/news/a-trump-plan-for-tiktok-is-coming-together–and-oracle-may-play-a-starring-role-143004893.html