Trump to weigh proposals from Amazon, Oracle and others for potential TikTok deal, sources say

Trump to weigh proposals from Amazon, Oracle and others for potential TikTok deal, sources say

By Kayla Tausche and Alayna Treene | CNN

Advisers to President Donald Trump are expected Wednesday to present the president with options for a deal to invest in TikTok that involves a number of well-heeled venture capital, private equity funds and tech companies, multiple sources familiar with the discussions say, as the White House tries to cleave the popular social video app away from Chinese ownership ahead of an April 5 deadline.

Interested parties have been eyeing a takeover of the…

Article Source
https://www.mercurynews.com/2025/04/02/amazon-oracle-potential-tiktok-deal/

More From Author

New Intel CEO Lays Out Company Vision – Seeking Alpha

Venture Capital Has Never Been This Obsessed With AI, New Data Shows – Inc.com

Listen to the Podcast Overview

Watch the Keynote