06:25 AM EDT, 09/16/2025 (MT Newswires) -- Oracle (ORCL) is among a consortium of firms that would help TikTok to continue operations in the US, if the US and China finalize a framework deal, CBS News reported Tuesday, citing sources with knowledge of the matter.

Details on the structure remain unclear, including ByteDance's role and control over TikTok's recommendation algorithm, according to the report.

US President Donald Trump and Chinese President Xi Jinping are expected to discuss the matter on Friday, the report said.

US Treasury Secretary Scott Bessent said in Madrid that commercial terms have been agreed to, CBS reported.

Oracle did not immediately respond to MT Newswires' request for comment.

Shares of Oracle were up 4.3% in recent Tuesday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)