With President Donald Trump's deadline extended thrice since January, TikTok's deal talks have not been smooth sailing. However, recent developments indicate a potential breakthrough. Oracle, the American multinational computer technology corporation, will maintain its cloud agreement, while ByteDance, the Chinese company that owns TikTok, is set to welcome a host of new investors.
This article will delve into the intricacies of this deal, its implications for global business, and its potential impact on the average investor and small business owner. It will also shed light on the role of geopolitics in shaping international business transactions, especially in the tech industry.
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