Topic: oracle involvement
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Is TikTok's New Update a Threat?
A major technical outage at a key US data center partner disrupted TikTok's core functions for users and creators, coinciding with the formal launch of a new corporate entity partially owned by Oracle. The outage's timing fueled user suspicion and distrust, particularly due to Oracle leadership's...
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Latest Updates on the US TikTok Deal
TikTok, owned by China's ByteDance, has faced years of U.S. scrutiny over data security concerns, leading to political tensions and service disruptions for American users. A proposed deal would transfer control of TikTok's U.S. operations to American investors like Oracle and Silver Lake, valuing...
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Trump Delays TikTok Ban Again, Claims Deal With China to Sell US Operations
President Trump announced a tentative agreement to restructure TikTok's U.S. ownership, extending the divest-or-ban deadline to December 16. A consortium of U.S. investors would hold an 80% stake in TikTok's U.S. operations, with a U.S.-dominated board and Oracle managing user data for compliance...
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Oracle, Silver Lake Lead TikTok U.S. Deal Closing Next Month
A consortium of American-led investors will assume control of TikTok's U.S. operations by January 2026, creating a new joint venture called TikTok USDS Joint Venture LLC. The ownership structure gives a 45% stake to managing investors Oracle, Silver Lake, and MGX, with ByteDance retaining 19.9%, ...
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