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Oracle, Microsoft in talks for TikTok global operations deal: Report
Monday, 27 January 2025
Oracle is in advanced talks with investors, including Microsoft, to acquire TikTok’s global operations, addressing U.S. national security concerns. ByteDance would retain a minority stake with Oracle overseeing key operations. Walmart is not involved in the current talks, focusing on other areas. The deal could redefine tech security and influence Chinese tech firms' role in the U.S.
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