Oracle is closing in on a deal that would have it “vouch” for TikTok’s security in exchange for a small stake in the company’s US operations, according to Bloomberg. The plan, which was ...

TikTok Ban Oracle Stock Impact Meanwhile, TikTok is a customer of Oracle's cloud infrastructure business. The total value of the deal has never been disclosed, however.

White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short ...