Oracle and Partners' TikTok Deal Under Scrutiny Amid Market Speculation

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Source: Bloomberg.com
Oracle and Partners' TikTok Deal Under Scrutiny Amid Market Speculation
Photo: Bloomberg.com
TL;DR Summary

A tentative deal involves Oracle, Silver Lake, and Andreessen Horowitz acquiring a stake in a US-based TikTok, with ByteDance reducing its ownership to comply with US security laws, potentially allowing TikTok to operate in the US while addressing national security concerns and improving US-China relations.

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