Last week, President Donald Trump paused TikTok's nationwide ban in the U.S., after the Supreme Court ordered it be shut down due to national security concerns over its ties to the Chinese government.
Currently, Oracle is key to keeping TikTok available to US users at the request of Trump. US tech colossus Microsoft stands out as a compelling potential buyer, armed with deep pockets and significant ...
DeepSeek, a Chinese startup that's throwing tech valuations into chaos and challenging U.S. dominance in the field with an ...
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
As of now, the Chinese-based TikTok app remains unavailable in the United States App Store on iPhone, as the company failed to sell itself to a US owner, before last week’s ban came into effect.
According to a new report, Oracle is in talks to take over TikTok's global operations, while Microsoft is looking to invest.
According to a media report, the White House is negotiating a TikTok takeover by Oracle and other investors.
The White House and Oracle had no immediate comment. The deal being negotiated anticipates participation from ByteDance’s current U.S. investors, according to the sources. Jeff Yass’s ...
U.S. President Donald Trump's administration is chalking out a plan to save TikTok which involves Oracle (ORCL). Read more ...