TL;DR: The Trump administration is working on a plan involving Oracle and US investors to control TikTok’s global operations, with ByteDance retaining a minority stake. Oracle will oversee TikTok’s algorithm and data. Microsoft is among potential investors. TikTok’s app remains unavailable on Apple and Google stores, affecting updates and downloads.
The Trump administration is reportedly hard at work on a plan to save TikTok, using Oracle and a group of US investors to take control of…