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Treasury Secretary Steven Mnuchin said earlier in the day that the Trump administration received a proposal from Oracle. — Reuters pic

Oracle confirms it is part of proposal for TikTok

NEW YORK, Sept 14 — Oracle Corp confirmed today that it was part of a proposal made by TikTok-parent ByteDance to the US government to become a technology partner for the Chinese firm.

Treasury Secretary Steven Mnuchin said earlier in the day that the Trump administration received a proposal from Oracle over the weekend to make Chinese-owned short video app TikTok a US-headquartered company and will review the plan this week. — Reuters

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