White House says Oracle, whose cofounder Larry Ellison is a key Trump ally, will be an investor in short-video app.
The White House says Oracle, whose cofounder Larry Ellison is a key Trump ally, will be an investor in the short-video app’s US operations.
By Andy Hirschfeld, AP and Reuters
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United States President Donald Trump is expected to sign an executive order this week approving a deal to divest TikTok’s US operations from its China-based parent company, ByteDance, in compliance with a 2024 law.
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