Oracle Joins Consortium to Support TikTok's US Operations
Financial MarketsTikTokUpdated a day ago

Oracle Joins Consortium to Support TikTok's US Operations

Oracle is part of a consortium aimed at ensuring TikTok can continue its operations in the United States. This collaboration seeks to address regulatory concerns and secure the app's availability for American users, reinforcing its presence in the market.

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Oracle part of consortium to keep TikTok operating in US - report
PositiveFinancial Markets
Oracle is joining a consortium to ensure TikTok continues its operations in the US, according to reports. This collaboration aims to address regulatory concerns and maintain the app's availability for American users.
Editor’s Note: This development is significant as it highlights efforts to keep TikTok operational amid ongoing scrutiny from US regulators. Oracle's involvement may help alleviate concerns about data privacy and security, which are crucial for the app's future in the American market.
Oracle among firms to enable TikTok to continue US operations, CBS News reports
PositiveFinancial Markets
Oracle is reportedly one of the companies helping TikTok maintain its operations in the US, according to CBS News. This collaboration could ensure the app's continued presence in the American market.
Editor’s Note: This development is significant as it highlights the ongoing efforts to keep TikTok operational in the US amid regulatory scrutiny. Oracle's involvement may provide a solution that satisfies both the company and government concerns.

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