China and U.S. flags are seen near a TikTok logo in this illustration picture taken July 16, 2020. Photo: Reuters
Oracle enters the competition to purchase TikTok’s US business, says FT report
- On Friday US President Donald Trump ordered ByteDance to divest the US operations of its video-sharing app TikTok within 90 days
- Securing a sale is easier said than done due to a complex array of legal and technical obstacles
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China and U.S. flags are seen near a TikTok logo in this illustration picture taken July 16, 2020. Photo: Reuters