Trump says Oracle close to TikTok deal as ByteDance aims for majority ownership

President Donald Trump said on Tuesday he had heard that Oracle Corp was very close to a deal over ByteDance’s TikTok, even as sources said the Chinese company was seeking to keep majority ownership of the popular short video app.President Donald Trump said on Tuesday he had heard that Oracle Corp was very close to a deal over ByteDance’s TikTok, even as sources said the Chinese company was seeking to keep majority ownership of the popular short video app.

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