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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.
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. NPR’s reporting suggests that a deal is now shaping up where Oracle would take control of TikTok’s global operations while ByteDance retains a minority stake. And at a press conference on Tuesday, Trump said he’d be open to either X owner Elon Musk or Oracle chairman Larry Ellison buying the app.
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