12:40 PM EDT, 03/18/2025 (MT Newswires) -- Oracle (ORCL) is considering a proposal for the sale of TikTok's US operations under which it would provide security guarantees for the safety of US user data while taking a "small stake" in a new American entity, Bloomberg reported Tuesday citing people familiar with the situation.

The plan aims to address US national security concerns and prevent a ban, but it requires approval from the US government, ByteDance, and Chinese authorities, the report said.

Oracle didn't immediately respond to a request for comment from MT Newswires.

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