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    Oracle confirms deal with Bytedance, beats Microsoft in bid for TikTok US operations

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    Oracle Corp said on Monday it would team up with China's ByteDance to keep TikTok operating in the United States, beating Microsoft Corp in a deal structured as a partnership rather than an outright sale. ByteDance, TikTok's Beijing-based owner, had been in talks to divest the U.S. business of its hugely popular short-video app to Oracle or Microsoft after U.S. President Donald Trump ordered the sale last month and said he might otherwise shut it down

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