CBS News has learned the tech company Oracle could play a key role if a TikTok deal is finalized between the Trump administration and China. Sources say the structure of the final deal is unclear, but it will include multiple companies.
Breakdown
- Oracle is reportedly part of a group negotiating to keep TikTok operating in the US. 19s
- The structure of the final deal and the involvement of Chinese companies remain unclear. 25s
- A framework agreement has been reached between the US administration and China to meet legal requirements for TikTok's US ownership. 55s
- Experts do not expect TikTok to be removed from the US market imminently. 1m 48s
- A TikTok ban could impact around 7 million small businesses and 170 million US users. 2m 5s