President Donald Trump said he approved a deal on Saturday that will see the creation of a U.S.-headquartered firm called TikTok Global with Oracle and Walmart taking minority stakes. Oracle will become TikTok's secure cloud provider and host U.S. user data.
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ByteDance says it will not transfer algorithm and technology to Oracle as part of TikTok deal
ByteDance says it will not transfer algorithm and technology to Oracle as part of TikTok deal
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