Oracle among firms to enable TikTok to continue US operations: Report

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Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal between the US and China is finalised, CBS News reported on Monday.

Reuters could not immediately confirm the report.

The precise structure of the deal was not clear, the report said, adding that the deal will include multiple companies.

The White House, Oracle, TikTok, and the Chinese Embassy in Washington did not immediately respond to Reuters’ requests for comments outside regular business hours.

US and Chinese officials…



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Oracle among firms to enable TikTok to continue US operations: Report


Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal between the US and China is finalised, CBS News reported on Monday.

Reuters could not immediately confirm the report.

The precise structure of the deal was not clear, the report said, adding that the deal will include multiple companies.

The White House, Oracle, TikTok, and the Chinese Embassy in Washington did not immediately respond to Reuters’ requests for comments outside regular business hours.

US and Chinese officials…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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