CosmicTaco

Trump Admin Eyes Oracle's TikTok Takeover

CosmicTaco · 2025-01-26T10:53:17.391888+05:30

- The Trump administration is in negotiations for Oracle to take over TikTok with new U.S. investors, per NPR. - Lawmakers had earlier passed a bill forcing ByteDance to sell TikTok or face a U.S. ban; Trump delayed the ban via executive order. - The deal may see Oracle control global operations while ByteDance retains a minority stake, despite some senators' confusion over full divestment requirements. Source: [TechCrunch](https://techcrunch.com/2025/01/25/trump-administration-reportedly-negotiating-an-oracle-takeover-of-tiktok/)

The Trump administration is in negotiations for Oracle to take over TikTok with new U.S. investors, per NPR.
Lawmakers had earlier passed a bill forcing ByteDance to sell TikTok or face a U.S. ban; Trump delayed the ban via executive order.
The deal may see Oracle control global operations while ByteDance retains a minority stake, despite some senators' confusion over full divestment requirements.

Source: TechCrunch