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TikTok Deal Tracker: Trump Expected To Sign Deal Today—As Oracle Among Main Investors (Updating)

1. Larry Ellison's Oracle set to manage TikTok's U.S. data privacy and storage. 2. Deal could lead to Oracle acquiring substantial influence in a $40-$50 billion TikTok. 3. Trump confident China will approve the TikTok divestment deal soon. 4. TikTok's recommendation algorithm will be replicated under Oracle's supervision. 5. Investors including Oracle and Silver Lake poised for significant shareholding in TikTok.

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FAQ

Why Very Bullish?

Oracle's involvement in TikTok establishes a new revenue stream and boosts its cloud operations, similar to how Microsoft's acquisition of LinkedIn positively impacted its share price.

How important is it?

The article discusses a major strategic deal impacting Oracle's market presence and future revenue potential, making it highly relevant.

Why Long Term?

The ongoing management of TikTok by Oracle could lead to sustained revenue growth and strategic partnerships in tech, similar to Google’s long-term growth post-YouTube acquisition.

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