Oracle is considered the frontrunner to acquire TikTok’s U.S. operations in a high-stakes race to take control of one of the world’s most influential social media platforms before the government’s deadline to sell or ban the app by April 5.
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.
Herein lies the…
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