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Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal between the US and China is finalised, CBS News reported on Monday.
Reuters could not immediately confirm the report.
The precise structure of the deal was not clear, the report said, adding that the deal will include multiple companies.
The White House, Oracle, TikTok, and the Chinese Embassy in Washington did not immediately respond to Reuters’ requests for comments outside regular business hours.
US and Chinese officials…
