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ByteDance

Oracle and Walmart team on tentative TikTok deal

Oracle and Walmart team on tentative TikTok deal

BENTONVILLE, Ark. — President Trump announced this weekend that ByteDance has received tentative approval for an agreement with the U.S. government to resolve the outstanding issues, which will now include Oracle and Walmart together investing to acquire 20% of the newly formed TikTok Global business. As a part of the deal, TikTok is creating a new company