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Oracle could play key role in TikTok deal between Trump administration and China, sources say [CBS News]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: CBS News
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
the United States and China is finalized, sources with knowledge of the negotiations tell CBS News. The precise structure of the final deal was unclear Monday night, but will include multiple companies, the sources said. It's not clear what level of involvement Chinese firms — including TikTok's current parent company ByteDance — will have in the deal, and who will control TikTok's powerful recommendation algorithm. Presidents Trump and Xi are expected to talk on Friday. Attempts to reach Oracle executives and a White House spokesperson were unsuccessful. A TikTok spokesperson declined to comment. "The commercial terms have been agreed upon," Treasury Secretary Scott Bessent said Monday in Madrid after meetings with Chinese officials on a range of issues, including TikTok. Li Chenggang, a Chinese vice minister of commerce, also said after the meetings, "China will firmly safeguard the national interests, the legitimate rights and interests of Chinese enterprises, and carry out [Read more]
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Stockreport

Oracle could play key role in TikTok deal between Trump administration and China, sources say [CBS News]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: CBS News
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
the United States and China is finalized, sources with knowledge of the negotiations tell CBS News. The precise structure of the final deal was unclear Monday night, but will include multiple companies, the sources said. It's not clear what level of involvement Chinese firms — including TikTok's current parent company ByteDance — will have in the deal, and who will control TikTok's powerful recommendation algorithm. Presidents Trump and Xi are expected to talk on Friday. Attempts to reach Oracle executives and a White House spokesperson were unsuccessful. A TikTok spokesperson declined to comment. "The commercial terms have been agreed upon," Treasury Secretary Scott Bessent said Monday in Madrid after meetings with Chinese officials on a range of issues, including TikTok. Li Chenggang, a Chinese vice minister of commerce, also said after the meetings, "China will firmly safeguard the national interests, the legitimate rights and interests of Chinese enterprises, and carry out [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
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Price Change %
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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High:
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Low:
%
 POST NEWS RANGE
%
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS