JD Vance ‘confident' the U.S. has 'successfully separated' TikTok from China parent company ByteDance
1. Oracle is part of a joint venture for TikTok's U.S. operations. 2. The deal values TikTok's business at $14 billion. 3. ByteDance will retain less than a 20% stake. 4. The U.S. will have major control over TikTok's data security. 5. Chinese government resistance may delay the deal's finalization.