Washington has reached a “framework” deal with China on TikTok’s US operations, paving the way for American ownership, as the world’s two biggest economies negotiate a trade deal.

The deadline for a sale has since been extended three times already and the latest delay is due to end on 17 September.

The BBC’s US partner CBS reported late on Monday that Oracle was among a group of firms that would enable TikTok operations to continue in the US if a deal between Washington and Beijing is finalised.

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