In a significant development, the Trump administration is reportedly formulating a plan to prevent a nationwide ban on TikTok, involving Oracle and a consortium of private investors. Under the proposed arrangement, ByteDance, TikTok’s Chinese parent company, would retain a minority stake, while Oracle would oversee critical operations, including algorithm management, data collection, and software updates. […] The post White House Considers Oracle-Led Takeover of TikTok with U.S. Investors appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.
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