Trump’s TikTok plan takes shape as Oracle steps into the spotlight

A Chinese internet technology company, ByteDance, the parent company of TikTok, has few weeks to save TikTok as Trump holds off on action against the video app.

Reports suggest that software giant Oracle may become the centre of focus in a potential TikTok deal.

The temporary delay will give ByteDance time to sell its well-known social media platform. However, if it does not find a buyer for TikTok’s U.S. operations, then the ban passed by Congress will take effect on April 5.

Oracle moves…

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https://www.mitrade.com/au/insights/news/live-news/article-3-713527-20250323

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