BREAKING:

Oracle chosen as winner in deal for TikTok's U.S. operations -- source

Oracle to be announced as TikTok's "trusted tech partner" in the U.S. -- source

Deal is likely not to be structured as an outright sale -- source

TikTok parent ByteDance previously declined offer from Microsoft

More to come

 

(END) Dow Jones Newswires

September 13, 2020 19:58 ET (23:58 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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