US President Donald Trump’s administration is reportedly developing a plan to secure TikTok’s future by tapping software company Oracle and outside investors to take charge of the app’s global operations, according to a National Public Radio (NPR) report on Saturday (25 January).
According to the report, the White House is negotiating a deal in which TikTok’s Chinese owner, ByteDance, would hold a minority stake, while Oracle would manage the app’s algorithm, data collection, and software…
Article Source
https://swarajyamag.com/news-brief/oracle-us-investors-may-take-over-tiktok-under-trump-administration-plan-report