TikTok will be headquartered in the US with Oracle as minority shareholder in plan to avoid ban
TikTok will be restructured as part of a new company headquartered in the United States while Oracle, which will own a minority stake, will manage Americans’ user data in hopes of winning the approval of President Trump, it has been reported. The changes are part of an agreement between Oracle and TikTok’s Chinese-based parent company, … Read more