WATCH: The Oracle deal would see American buyers control TikTok’s recommendation software in the US.
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Bloomberg.comAlexandra S. Levine,Josh Wingrove,Kurt Wagner
WATCH: The Oracle deal would see American buyers control TikTok’s recommendation software in the US.
Oracle Corp. would provide security and help oversee the re-creation of a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of American investors, a White House official said, addressing a key concern raised by lawmakers in Washington.
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