Under a deal being negotiated by the White House, the app's algorithm, data collection and software updates will be overseen by Oracle. (Damian Dovarganes/AP) The Trump administration is working on a ...
Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a minority stake.
Under the deal now being negotiated by the White House, TikTok's China-based owner ByteDance would retain a minority stake in the company, but the app's algorithm, data collection and software updates ...
Oracle would run TikTok’s global operations while Microsoft is in talks to invest, according to NPR.
National Public Radio on Saturday reported deal talks for TikTok’s global operations, citing two people with knowledge of the negotiations. The White House and Oracle had no immediate comment.
As per plan, US President Donald Trump is actively discussing ways to bring TikTok under American control.
Trump said he is talking to multiple people over buying TikTok Trump expects a decision in the next 30 days White House working on plan to tap Oracle, US investors to take over TikTok, sources say ...
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 ...
WASHINGTON >> The Trump administration 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 ...
Spokespeople for Microsoft and Walmart declined to comment. TikTok, Oracle and the White House did not return a request for comment. When asked about the Oracle talks on Air Force One on Saturday ...
The White House is working on a plan to have Oracle and other U.S. investors take a majority stake in TikTok, sources tell NPR.
The White House is negotiating with Oracle and other investors to acquire TikTok, allowing ByteDance to retain a minority stake while Oracle oversees the app's data and algorithms. Key concerns ...