Oracle ‘leading contender’ to help run TikTok in new deal, The Information says

Oracle (ORCL) has emerged as “a leading contender” to help run TikTok as part of a deal President Donald Trump is orchestrating to satisfy last year’s divest-or-ban law, reports Jing Yang, Juro Osawa, Anissa Gardizy and Sri Muppidi of The Information, citing investors, bankers and former executives familiar with the matter. ByteDance management prefers Oracle,…