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If I'm reading it right, it sounds like a partnership?.....
By:  pudds (Canadian; 17477)
Posted on: 09-14-2020 09:16.
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It sounds like Bytedance wants to retain control, but use Oracle's back end services in the US as a way to convince the government that the data isn't making it's way back to China.

We'll see if that works. As I understand it, Ellison is a Trump crony, so it probably will.