WASHINGTON / NEW YORK : US President Donald Trump said he supports a deal that will allow TikTok to continue operating in the United States, after threatening to ban the Chinese-owned app in August. He told reporters at the White House that he backs the deal with TikTok owner ByteDance, …
Read More »Oracle Plans 12.5% Stake in Global TikTok; becomes a cloud partner
Oracle Corp. said it will take a 12.5% stake in TikTok Global and become the newly formed company’s cloud computing provider, culminating weeks of negotiations over a popular video-sharing app that became the focus. of the tension between the United States and China. Oracle is working with Walmart Inc. and …
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