World Trade Factory™

Oracle’s TikTok Gambit: Cloud Giant Seizes U.S. Controls in $100 Billion Deal

Oracle’s TikTok Gambit: Cloud Giant Seizes U.S. Controls in $100 Billion Deal

Oracle leads a U.S. investor group in a binding deal to control TikTok's operations, averting a ban and boosting shares 7%. Backed by Trump, the pact hands algorithm oversight to Oracle amid ByteDance divestiture.

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