TikTok has less than 75 daysbefore facing another ban after President Donald Trump signed an executive order granting the viral video app an extension to find a buyer.
With the clock ticking,Daughter in law Who Passed Out From Her Father in law’s Big Manhood the Trump administration is facilitating talks between potential U.S. buyers and TikTok's China-based parent company, ByteDance.
According to a new reportfrom NPR, the current deal in the works features the business-oriented software company Oracle taking over and overseeing "the app’s algorithm, data collection and software updates." Other U.S. investors, such as Microsoft, are also involved in the acquisition process, according to a source close to the discussions.
However, ByteDance wouldn't be completely out of the picture. The current deal in the works would allow the company to hold a minority stake in TikTok.
President Trump has since denied the report, saying that "numerous people are talking to me, very substantial people, about buying it" and that he will make his decision within the next 30 days.
Obviously, things could change at this point, but Trump has previously shared his preferences for an Oracle takeover of TikTok.
The latest TikTok deal talks come just one week after TikTok went darkafter being removed from Apple and Google's mobile app stores. The removal came in response to a law, passed by a bipartisan Congress and signed into law by then-president Joe Biden, requiring that TikTok cut ties with its China-based owner over national security concerns pertaining to China's government.
Trump, who previously spearheaded the original plan for the U.S. government to ban TikTok, had a sudden change of heart this time around. Citing his own usage of the platform in his successful 2024 election campaign, Trump vowed to make a deal to "save" TikTok. Shortly after his inauguration, Trump signed an executive ordergranting TikTok a 75-day extension.
With a nod to Trump, TikTok has since restored its service for U.S. users. However, Apple and Google have yet to restore the app on app stores due to potential fines they can receive as a result of the TikTok ban law. TikTok cannot push updates or fixes for the app to U.S. users as a result of the removal. Users who want to reinstall the TikTok app or install it on a new device are currently unable to do so.
Oracle is no stranger to these TikTok takeover talks.
The software company was originally floated as the lead buyer for TikTok during Trump's last presidency when he required that ByteDance sell off the app. While an acquisition deal never went through, a result of the talks saw Oracle partnering with TikTok to provide cloud services for its U.S. data.
In fact, TikTok has become such a major customer of Oracle's, that the latter said a ban on the former would hurt its business. Other U.S. investors are also involved in the TikTok takeover talks.
Microsoft, which was one of the leading interested parties alongside Oracle last time around, is said to be one of those companies. One major party that was involved in talks last time around that is missing from this round of discussions is Walmart. The big box retailer is said to be sitting out of this one due to TikTok's estimated asking price.
While these talks can change, it does appear that Oracle is at least President Trump's preference for taking over TikTok. A few days ago, Trump was askedby a reporter if he was open to Elon Musk buying TikTok.
While Trump said he was fine with that arrangement, he offered up his own suggestion for a buyer.
“I’d like Larry to buy it, too," Trump said, referring to Oracle's billionaire founder Larry Ellison.
It looks like we'll know more about TikTok's future sometime in the next 30 days.
Topics Microsoft TikTok Donald Trump
Think of our pain: the "big story coming" tweet needs to endTexas town will host a .5k run, dedicated to the non'The Handmaid's Tale' had a 'Friends' nod and we are just so confused'Family Guy' campaigns for Emmys by smuggly taking credit for #MeTooThere's an 'Arrested Development' Easter egg in 'Avengers: Infinity War'Survivor leaves 5Google replaces gun emoji with a toy water pistolThe price of Amazon Prime just went up $20How to organize your Spotify accountFor your entertainment, a long list of the funniest yearbook quotesDownload your Instagram data and delete your accountEpic deluge in Kauai may have broken allNintendo sketches out release plans for Pokémon, Smash Bros, and moreAdam Rippon and US Olympic stars skip White House meeting with TrumpThere's an 'Arrested Development' Easter egg in 'Avengers: Infinity War''Avengers: Infinity War' gives Thor a new weapon, and it's importantWindows 10 April 2018 Update review: How an OS grows up'SNL' writers Michael Che and Colin Jost to host Emmys on NBCNew documentary to examine NXIVM, alleged Allison Mack sex cultGeorge R.R. Martin announces new book that isn't 'Winds of Winter' Everything coming to HBO Max in February 2021 Here's how to transfer stocks out of your Robinhood account FTC finalizes settlement with Zoom over misleading encryption claims Mom mistakes poor pet crab for giant terrifying spider Helen Mirren and Jane Fonda casually slayed the runway at Fashion Week 3 scientists win Nobel Prize in medicine for biological clock research Google to pay $3.8 million to underpaid female engineers and overlooked job candidates Netflix's 'Spycraft' takes an uncomplicated look at complex issues 'We're the Millers' was the sleeper hit that could've been even better The internet tricked me into believing I can multitask Here's what Donald Trump had to say in response to the Las Vegas You'll soon be able to unlock your iPhone while wearing a face mask The 13 best tweets of the week, including GameStop jokes, LMFAO, and Thanos Denzel Washington surprised a 86 Facebook’s Oversight Board makes bizarre ruling in its first group of decisions Mark Zuckerberg pens a Yom Kippur message asking Facebook for 2016 election forgiveness Amazon's British NFL commentary charms American football fans How to learn calligraphy online Trump threatens North Korea and slams three past presidents in less than 140 characters 'A Glitch in the Matrix' digs into simulation theory: Movie review
3.0212s , 8228.296875 kb
Copyright © 2025 Powered by 【Daughter in law Who Passed Out From Her Father in law’s Big Manhood】,Miracle Information Network