U.S. Investors in ByteDance Explore TikTok Deal to Assure Trump

Reported 6 days ago

Major U.S. investors in ByteDance are considering a deal with Oracle to reassure President Trump that TikTok is not under Chinese control. The plan involves current investors like General Atlantic and KKR purchasing stakes in a U.S. TikTok business, with Oracle potentially securing data for the unit.

Source: YAHOO

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