The most important U.S. investors in TikTok owner ByteDance are looking right into a deal alongside Oracle (ORCL) focused on assuring President Donald Trump that the favored social media app is free from Chinese control, the Financial Times reports. Under the plan, current shareholders akin to General Atlantic, Susquehanna, KKR (KKR), and Coatue will look to buy additional interests in a spun-off TikTok U.S. business, with Oracle potentially taking a small holding within the unit and securing its data, the report says, citing multiple people aware of the talks.

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