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Oracle share price surges after Trump administration says Oracle to secure TikTok algorithm in U.S.
Oracle stocks on Monday skyrocketed after developments related to TikTok operations in the US and company's board emerged.
The Trump administration is negotiating a deal that would see Oracle take over TikTok alongside new U.S. investors, according to a report by NPR. Lawmakers passed a bill last year forcing Chinese ...
WASHINGTON (AP) — Tech giant Oracle will receive a copy of TikTok's algorithm to operate for U.S. users, according to a senior official in President Donald Trump's administration on Monday.
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