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 ...
Under a deal being negotiated by the White House, the app's algorithm, data collection and software updates will be overseen ...
Under the deal, TikTok’s China-based owner, ByteDance, would retain a stake in the company, but data collection and software ...
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a minority stake.
Oracle would run TikTok’s global operations while Microsoft is in talks to invest, according to NPR.
Trump said he is talking to multiple people over buying TikTok Trump expects a decision in the next 30 days White House working on plan to tap Oracle, US investors to take over TikTok, sources say ...
As per plan, US President Donald Trump is actively discussing ways to bring TikTok under American control.
National Public Radio on Saturday reported deal talks for TikTok’s global operations, citing two people with knowledge of the negotiations. The White House and Oracle had no immediate comment.
Spokespeople for Microsoft and Walmart declined to comment. TikTok, Oracle and the White House did not return a request for comment. When asked about the Oracle talks on Air Force One on Saturday ...
Spokespeople for Microsoft and Walmart declined to comment. TikTok, Oracle and the White House did not return a request for comment.