White House Press Secretary Karine Jean-Pierre called TikTok’s threat to “go dark” tomorrow a “stunt,” and said there is no reason that TikTok or any other companies should take any actions under the ban before the Trump administration is sworn in Monday morning,

Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a minority stake.

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 global operations,

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.

ByteDance’s valuation of TikTok at an impressive $200 billion presents a considerable challenge for potential buyers.

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,

The Trump administration is working with Oracle and investors like Microsoft to save TikTok, allowing ByteDance to keep a minority stake. Meetings are ongoing to finalize the deal, with a potential $200 billion price tag and oversight by Oracle to reduce Chinese ownership.