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from24/7 Wall St.
2 days ago

Oracle May Soon Hold the Keys to TikTok's Kingdom | ORCL Stock

With Donald Trump expected to sign a deal that will keep TikTok operating in the U.S., many have speculated who might benefit the most if/when this takes place. Among the biggest potential winners is Oracle (ORCL), with the company set to oversee the algorithm of the social media platform and keep the data protected from would-be hackers.
Silicon Valley
US politics
fromwww.npr.org
1 week ago

Trump's TikTok deal payment criticized as 'shake-down scheme' by experts

The Trump administration is demanding multibillion-dollar payments and equity stakes from companies in private deals, extracting fees and encouraging rent-seeking over innovation.
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Tech industry
fromAxios
1 week ago

TikTok's fate up in the air after Trump, Xi call

China signaled negotiable stance on TikTok while seeking fair investment treatment; U.S. framework envisions a U.S.-controlled app with algorithm restrictions.
World news
fromAxios
2 weeks ago

TikTok will retain "Chinese characteristics" after sale, Bessent says

Deal terms preserve TikTok's Chinese characteristics commercially while U.S. focuses on national security; imminent U.S. ban threats accelerated agreement.
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