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Story summary
- Oracle will act as TikTok's security provider, monitoring U.S. user data under a government-backed deal.
- The agreement aims to transfer TikTok's U.S. operations to a consortium of American investors, addressing national security concerns.
- Trump signed an executive order facilitating the transfer, naming investors such as Larry Ellison and Rupert Murdoch, with scrutiny over transparency and investor selection.
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