The Trump administration is reportedly negotiating a plan to transfer control of TikTok‘s global operations to Oracle in a bid to rescue the app from its recent United States ban.
Citing anonymous sources, NPR reported Saturday that a group of U.S. investors, including Oracle and possibly Microsoft, would take control of the app from ByteDance, TikTok’s Chinese parent company. ByteDance would retain a minority stake, while Oracle would oversee TikTok’s algorithm and data collection.
Newsweek…
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https://www.newsweek.com/oracle-microsoft-save-tiktok-donald-trump-plan-what-we-know-2020966



