Oracle, in collaboration with a group of investors including Microsoft, is in advanced negotiations to take over TikTok’s global operations. The discussions, reportedly involving the White House, are centered on addressing U.S. concerns about national security and data privacy related to the popular social media platform. The deal under consideration would allow TikTok’s Chinese parent company, ByteDance, to retain a minority stake while granting Oracle significant oversight over…
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https://timesofindia.indiatimes.com/world/oracle-microsoft-in-talks-for-tiktok-global-operations-deal-report/articleshow/117596688.cms
