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Oracle, TikTok and Trump
Trump’s White House in talks to have Oracle, US investors take over TikTok
Under the deal being negotiated by the White House, TikTok’s China-based owner, ByteDance, would retain a stake in the company, but data collection and software updates would be overseen by Oracle, which already provides the foundation of TikTok’s Web infrastructure, one of the sources told Reuters.
Oracle and Microsoft are reportedly in talks to take over TikTok
News of the talks comes after President Trump issued an executive order giving TikTok and others a 75-day reprieve from any enforcement action related to the United States’ requ
Trump admin rumored to take over TikTok with Oracle, other US investors, ByteDance worth $200B+
President Trump and his administration rumored to be working on a plan to save TIkTok: acquire it from ByteDance with Oracle and other US investors.
White House in talks to have Oracle, US investors take over TikTok, NPR reports
The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's global operations,
EXCLUSIVE: White House in talks to have Oracle and U.S. investors take over TikTok
The aim is to place oversight control in the hands of American software company Oracle and other investors. Under federal law, TikTok must split apart from China, or face a nationwide ban.
White House in talks to have Oracle and US investors take over TikTok: NPR
The plan calls for Oracle to oversee the app’s algorithm, data collection and software updates. Read more at straitstimes.com.
Trump administration reportedly negotiating an Oracle takeover of TikTok
The Trump administration is negotiating a deal that would see Oracle take over TikTok alongside new U.S. investors, according to a report in NPR.
Oracle and Microsoft in talks to take over TikTok under Trump administration plan: Report
The Trump administration is working with Oracle and investors like Microsoft to save TikTok, allowing ByteDance to keep a minority stake. Meetings are ongoing to finalize the deal, with a potential $200 billion price tag and oversight by Oracle to reduce Chinese ownership.
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