Will Oracle, Microsoft Save TikTok Under Donald Trump Plan? What We Know
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. This could potentially enable Beijing to access user data and influence American users.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
The proposed TikTok deal suggests ByteDance would retain a minority interest while Oracle would manage the apps algorithm, ...
History repeats itself, quickly it seems, as U.S. President Trump confirms that Microsoft is indeed in the running to buy ...
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