TikTok and China ByteDance Move Closer to a U.S. Split as Oracle-Led Deal Advances

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Meanwhile, China’s commerce ministry has weighed in cautiously. Officials said they hope companies can reach solutions that comply with Chinese law while balancing the interests of all parties, while also urging the U.S. to provide a “fair and open business environment” for Chinese firms.

As TikTok continues expanding into e-commerce, livestream shopping, and brand partnerships, the Oracle-led deal may help ease years of political tension between Washington and Beijing—though regulatory scrutiny is far from over.

 

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