Oracle and a consortium of investors, including Microsoft, are said to be in talks to take over TikTok 's global operations. According to NPR, the White House is brokering these talks.
President Trump and his administration rumored to be working on a plan to save TIkTok: acquire it from ByteDance with Oracle and other US investors.
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 CEO Shou Zi Chew thanked Donald Trump for his commitment to "finding a solution" that keeps TikTok available in the U.S. after the ruling.
US President Donald Trump's administration is reportedly developing a plan to secure TikTok's future by tapping software company Oracle and outside investors to take charge of the app's global operations, according to a National Public Radio (NPR) report on Saturday (25 January).
Oracle and Microsoft are in talks to take over TikTok’s global operations, according to a report from National Public Radio (NPR), a US-based broadcasting platform. The plan would reduce Chinese ownership of the app and address security concerns tied to its parent company,
The plan calls for Oracle to oversee the app’s algorithm, data collection and software updates. Read more at straitstimes.com.
Possible election interference is a major concern for politicians and authorities right before the general election, indicating a lack of public trust.
Samsung’s Galaxy S25 series launched, OpenAI’s first AI agent Operator debuts, Mark Zuckerberg lists AI goals for 2025, Meta testing ads on Threads, and potential control of TikTok by Oracle and Microsoft under a new plan.
The aim is to place oversight control in the hands of American software company Oracle and other investors. Under federal law, TikTok must split apart from China, or face a nationwide ban.
The White House may let TikTok stay in America by allowing Oracle and a group of investors that could include Microsoft to assume control of the app, NPR reports. While Oracle and the investors would “effectively take control of the app’s global operations,