· 23h · on MSN
Oracle and Microsoft are reportedly in talks to take over TikTok
· 8h · on MSN
These Billionaires, Companies And Investors Could Buy TikTok—As Oracle Reportedly Weighs Deal With Trump
Will Oracle, Microsoft Save TikTok Under Donald Trump Plan? What We Know
Last week, President Donald Trump paused TikTok's nationwide ban in the U.S., after the Supreme Court ordered it be shut down due to national security concerns over its ties to the Chinese government. This could potentially enable Beijing to access user data and influence American users.
TikTok and President Donald Trump are reportedly in talks with Microsoft and Oracle to buy the social media app.
Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated their interest in the app.
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the app's global operations, two sources with
According to a media report, the White House is negotiating a TikTok takeover by Oracle and other investors.
The Donald Trump administration is negotiating a deal with TikTok's China-based owner ByteDance. Both Oracle and Microsoft could be a part of the deal.
The proposed deal, currently under discussion with the White House, could leave TikTok's parent company, ByteDance, with a minority stake in the app.
During the first Trump TikTok ban effort, Oracle and Walmart were set to take a 20 percent stake in 'TikTok Global,' which included US operations as well as undisclosed other nations. Larry Ellison, Oracle founder, was a major supporter of Trump's 2016 bid.
Oracle and a consortium of investors, including Microsoft, are said to be in talks to take over TikTok 's global operations. According to NPR, the White House is brokering these talks.
1hon MSN
Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance. The proposal, which would create a new entity combining Perplexity and TikTok U.S., would now also allow for the U.
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
Oracle and Microsoft are in talks to take over TikTok’s global operations, according to a report from National Public Radio (NPR), a US-based broadcasting platform. The plan would reduce Chinese ownership of the app and address security concerns tied to its parent company,
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