As TikTok faces a looming April 5 deadline related to its Chinese ownership and potential distribution ban in the U.S., Oracle emerges as a potential suitor. Meetings on Capitol Hill have highlighted discussions between Oracle and U.S. lawmakers regarding compliance and national security concerns. As inquiries about TikTok's data practices grow, Oracle's potential role in managing the app's operations is under consideration, indicating a sense of urgency in resolving ownership issues ahead of the impending deadline.
Oracle's attempts to negotiate with U.S. officials underscore the growing concerns about TikTok's Chinese ownership and its implications on national security.
The April 5 deadline looms large for TikTok, compelling discussions on ownership changes to ensure its continued operation in the U.S.
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