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Oracle to Maintain TikTok Cloud Deal Under New US-China Framework

$ORCL (+0,46%) will keep its cloud services agreement with TikTok as part of a new regulatory framework between the US and China, CNBC reports. The deal, expected to close within 30–45 days, includes new and existing ByteDance investors. This move secures Oracle’s key role in TikTok’s US operations amid evolving geopolitical conditions

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