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Business deals

Oracle and TikTok: Does a partnership make sense?

Trump says deal is 'very close' and that he is a Larry Ellison fan

TikTok and Oracle are looking to join hands in what some see as an unlikely pairing. (Source photos by Reuters) 

PALO ALTO, U.S. -- Oracle and Bytedance are petitioning Washington to allow the American software giant to serve as TikTok's "trusted technology partner" in the U.S., an arrangement aimed at defusing President Donald Trump's threat to ban the popular video-sharing app.

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