Oracle: the Software Giant with a Majority stake in TikTok's US Operations!
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A far-reaching agreement concerning TikTok's US operations sets new standards in the global technology and power architecture: Oracle, in partnership with others, takes a majority stake in the platform and will not only manage the data of American users but also play a key role in its operational oversight. This initiative follows a framework agreement outlined between Washington and Beijing and the recent extension of the deadline by the US government to orderly implement the transaction. Oracle moves TikTok data to Texas data centers The...
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