Trump administration reportedly considering deal for Oracle to acquire TikTok – SiliconANGLE

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, referencing “two people with direct knowledge of the talks,” the potential deal could even go as far as Oracle acquiring a majority stake in ByteDance Ltd., the owner of TikTok, not just for the U.S. operations but the entire company. Previous reports have suggested that…