Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a minority stake.
Microsoft attempted to make a bid on TikTok during Trump’s first time in the White House when he tried to ban the app.
By Dawn Chmielewski, Kanishka Singh and Milana Vinn NEW YORK/WASHINGTON (Reuters) -The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's operations,
DeepSeek, the Chinese-owned ChatGPT rival, could pose the same national security concerns that Congress has about TikTok, Philip Elliott writes.
President Donald Trump told reporters Saturday, "Numerous people are talking to me, very substantial people, about buying" TikTok.
TikTok said it will be forced to go dark on January 19, the day the ban is set to take effect, without more assurances it won't be enforced.
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the app's global operations, two sources with
Politico White House journalists contrasted former President Biden with President Donald Trump regarding how their administrations have addressed the press.
"We welcome independent journalists, podcasters, social media influencers and content creators to apply for credentials to cover this White House," Leavitt said during her first press briefing.
Under a deal being negotiated by the White House, TikTok's China-based owner ByteDance would retain a minority stake in the company. Under a deal being negotiated by the White House, the app's algorithm, data collection and software updates will be ...
Others who have reportedly considered buying TikTok include Elon Musk, real estate billionaire Frank McCourt, and Shark Tank host Kevin O’Leary. Trump recently said he would like Larry Ellison, who co-founded Oracle, to buy the platform.
TikTok accounts are mysteriously unfollowing AOC. Even though it appears to be a problem with the tech, it's left users on edge