The Trump administration is negotiating a deal for Oracle to take over TikTok as lawmakers push ByteDance to sell its U.S. operations.
The Trump administration is reportedly in talks to finalise a deal that would see Oracle and other U.S.-based investors take over TikTok’s operations. This comes as a response to earlier legislation requiring TikTok’s parent company, ByteDance, to sell its U.S. operations or face a nationwide ban.
ByteDance faces pressure to divest
Last year,…
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https://www.techedt.com/trump-administration-negotiates-oracle-led-tiktok-takeover