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WASHINGTON -- 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 ...
Oracle stocks on Monday skyrocketed after developments related to TikTok operations in the US and company's board emerged.
WASHINGTON (AP) — Tech giant Oracle will receive a copy of TikTok's algorithm to operate for U.S. users, according to a senior official in President Donald Trump's administration on Monday.
The Trump administration is negotiating a deal that would see Oracle take over TikTok alongside new U.S. investors, according to a report by NPR. Lawmakers passed a bill last year forcing Chinese ...