Oracle, TikTok and White House

Report: White House in Negotiations for Oracle to Buy TikTok
Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a minority stake.
White House in talks to have Oracle, US investors take over TikTok, sources say
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,
Oracle and Microsoft are reportedly in talks to take over TikTok
Others who have reportedly considered buying TikTok include Elon Musk, real estate billionaire Frank McCourt, and Shark Tank host Kevin O’Leary. Trump recently said he would like Larry Ellison, who co-founded Oracle, to buy the platform.
White House calls TikTok’s vow to ‘go dark’ without Biden support ‘a stunt’
The White House on Saturday called TikTok’s statement warning that it will “go dark” on Sunday unless President Biden steps in a “stunt,” arguing the app doesn’t have to take action before President-elect Trump is sworn in.
TikTok says it will be 'forced to go dark' unless it gets 'definitive' statement from White House
Social media platform TikTok said it will be "forced to go dark" on Sunday unless the White House gives a "definitive" statement about its future, the company said in an announcement Friday night.
White House negotiating for Oracle to take control of TikTok, allowing the app to be unbanned
However, there is apparently ongoing negotiations to get TikTok under new ownership, which would give it a path back to the App Store. No deal is close to being finalized, yet, though. NPR is reporting that the White House is directly involved in talks that would see Oracle and a group of outside investors take control of TikTok.
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