Oracle Corp. ORCL is reportedly in advanced talks with the White House to oversee the U.S. operations of TikTok, as concerns continue to mount over the app’s Chinese origins.
What Happened: Vice President JD Vance and National Security Adviser Mike Waltz are spearheading the discussions. The role of TikTok’s Chinese founders in its U.S. operations remains a significant point of concern, according to a Politico report.
The proposed deal, dubbed “Project Texas 2.0”, is a…
