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When Mnuchin was Treasury secretary, he helped the Trump administration broker a deal in 2020 that would have had U.S. corporations Oracle and Walmart take a large stake in TikTok on national ...
A deal that would give Oracle and Walmart ownership stakes in TikTok is up in the air — and may not happen at all, as the Biden administration reviews Trump’s actions and policies against ...
Kelly O'Grady, dot.LA Chief Correspondent and Former Disney Senior Analyst joins Yahoo Finance’s Zack Guzman to break down the latest on Oracle's deal with TikTok over its U.S. business operations.
Treasury Secretary Steven Mnuchin has confirmed the White House has received Oracle’s proposal for TikTok. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Dan Howley break down the details.
Walmart Inc's (NYSE: WMT) proposed investment for a 7.5% stake in TikTok is still awaiting approval from the U.S. and China. Oracle Corpoation (NYSE: ORCL) is expected to acquire a 12.5% stake in ...
Oracle is working with some of ByteDance's investors, including General Atlantic and Sequoia Capital, on making an offer for the TikTok assets that would challenge a rival bid from Microsoft Corp ...
TikTok's fate, Trump's approval, and the terms of the Oracle deal all remain up in the air.
TikTok is nearing a deal for Oracle Corp to store its U.S. users' information without its Chinese parent ByteDance having access to it, hoping to address U.S. regulatory concerns over data ...