(Bloomberg) — Oracle Corp. (ORCL) would recreate and provide security for a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of ...

The ongoing TikTok-US saga seems close to reaching a conclusion, but we’re not there yet. As details get worked out for a potential Oracle-driven deal, a new Bloomberg report details the plans for ...

A TikTok deal between the U.S. and China will give Americans six of the seven board seats and control over the popular social media app’s algorithm, the White House said on Saturday. “This deal means ...

WASHINGTON (AP) — Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s video popular platform under the terms of a deal laid out Monday by President Donald ...

Oracle (NYSE:ORCL) shares were up 0.9% in premarket trading on optimism over the software company’s potential role in a TikTok deal. The technology firm would rebuild and secure a new U.S. version of ...

An emerging TikTok deal with China will ensure that U.S. companies control the algorithm that powers the app's video feed and Americans will hold a majority of seats on a board overseeing U.S.