Oracle Corp has won the race to secure TikTok’s US operations, according to multiple media reports citing people familiar with the talks, after main rival Microsoft Corp said its offer for the video app had been rejected.ByteDance’s reported acceptance of Oracle as the operator of TikTok in the US is the culmination of an intensive power play by a number of heavyweight technology companies and their investment backers, the White House and Beijing over the past few weeks.But the US future of the…


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