Trump administration reportedly considering deal for Oracle to acquire TikTok
According to Reuters, the deal being negotiated by the White House would see ByteDance retaining a stake in the company — either the U.S. or global operations — but data collection and software updates would be overseen by Oracle, which already provides hosting for TikTok.
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 is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
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Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
Congress voted to ban TikTok out of concern that TikTok's ownership structure represents a security risk, a ban upheld by the ...
Rep. Mike Turner, R-Ohio, former chairman of the House Intelligence Committee, said on Sunday that TikTok remains a national ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
Perplexity AI has submitted a revised proposal to merge with TikTok, in an arrangement that would give the U.S. government up ...
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