TikTok Nears Data-Storage Deal With Oracle for U.S. Users :

(Bloomberg) -- TikTok, the popular Chinese-owned video app, is close to completing a deal with Oracle Corp. to store data from U.S. users on Oracle servers, according to a person familiar with the talks.

It’s not the first time the companies have negotiated a similar arrangement.

Related Keywords

Singapore , Bloomberg Tiktok , Joe Biden , Bytedance Ltd , Oracle Corp , Oracle , Reuters , President Donald Trump , June President Joe Biden , Alltop , Business , Cos , Northam , Top , Us , World , Industries , Gov , Asia , China , Internet , Tec , Gen , Asiatop , Tls , Tmt , Techtop , Tecsvc , Exe , Sof , Bloomberg , Bqmetered ,