White House in Negotiations for Oracle to Buy TikTok

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 by NPR.
Oracle and Microsoft Reportedly in Discussions to Acquire TikTok’s US Operations
The proposed TikTok deal suggests ByteDance would retain a minority interest while Oracle would manage the apps algorithm, data collection, and software updates.
Report: White House in Negotiations for Oracle to Buy TikTok
Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a minority stake.
Will Oracle take over TikTok? Trump says he'll make a decision in 30 days
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
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.
White House in talks to have Oracle, US investors take over TikTok, sources say
By Dawn Chmielewski, Kanishka Singh and Milana Vinn NEW YORK/WASHINGTON (Reuters) -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 operations,
Who Will Own TikTok? Talks On with Oracle, Microsoft, Other Investors
TikTok acquisition deal, if takes place, will allow China’s ByteDance to retain a minority stake in the video sharing platform
Trump denies holding talks with Oracle about possible TikTok deal, Reuters says
President Donald Trump has denied holding talks with Oracle (ORCL) about a TikTok deal, saying that he has “spoken to many people about
Trump administration reportedly considering deal for Oracle to acquire TikTok
The Trump administration is reportedly working on a plan to save the U.S. operations of TikTok that involves Oracle Corp. and group investors acquiring the popular short-form video application. According to NPR,
White House negotiating for Oracle to take control of TikTok, allowing the app to be unbanned
However, there is apparently ongoing negotiations to get TikTok under new ownership, which would give it a path back to the App Store. No deal is close to being finalized, yet, though. NPR is reporting that the White House is directly involved in talks that would see Oracle and a group of outside investors take control of TikTok.
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Trump issued an executive order on Jan. 20 to extend the ban on TikTok, implemented by former President Joe Biden last year.
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