A Trump plan for TikTok is coming together — and Oracle may play a starring role

A Trump plan for TikTok is coming together — and Oracle may play a starring role

Chinese tech giant ByteDance has roughly two weeks to save its video app TikTok from a renewed US ban — and there are signs cloud computing giant Oracle (ORCL) could play a prominent role.

ByteDance faces a federal mandate to divest the popular social media app but won a reprieve from President Trump, who, on his first day in office, asked his attorney general not to enforce the law for 75 days. If ByteDance can’t find a buyer for TikTok’s US operations, the ban passed by Congress…

Article Source
https://uk.finance.yahoo.com/news/a-trump-plan-for-tiktok-is-coming-together–and-oracle-may-play-a-starring-role-143004893.html

More From Author

Fox News AI Newsletter: Nvidia joins Trump onshoring push

Fox News AI Newsletter: Nvidia joins Trump onshoring push

Why the Smart Money is Hedging for Potential Downside in Cisco (CSCO) Stock

Why the Smart Money is Hedging for Potential Downside in Cisco (CSCO) Stock

Listen to the Podcast Overview

Watch the Keynote