The Trump administration is negotiating a deal that would see Oracle, $ORCL, take over TikTok alongside new U.S. investors, per NPR

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The Trump administration is currently negotiating a deal that would allow Oracle, along with new U.S. investors, to take over TikTok. This move comes after lawmakers passed a bill last year requiring ByteDance, TikTok’s Chinese parent company, to either sell the app or face a ban in the U.S. The proposed deal would see Oracle managing TikTok’s global operations while ByteDance retains a minority stake.

https://techcrunch.com/2025/01/25/trump-administration-reportedly-negotiating-an-oracle-takeover-of-tiktok/?guccounter=1

https://www.econotimes.com/Trump-Administration-Eyes-Oracle-Led-TikTok-Deal-Amid-Security-Concerns-1700158

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