(Bloomberg) — Oracle Corp. (ORCL) would recreate and provide security for a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of ...
The ongoing TikTok-US saga seems close to reaching a conclusion, but we’re not there yet. As details get worked out for a potential Oracle-driven deal, a new Bloomberg report details the plans for ...
WASHINGTON (AP) — Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s video popular platform under the terms of a deal laid out Monday by President Donald ...
An emerging TikTok deal with China will ensure that U.S. companies control the algorithm that powers the app's video feed and Americans will hold a majority of seats on a board overseeing U.S.