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U.S. President Donald Trump's administration is chalking out a plan to save TikTok which involves Oracle (ORCL). Read more here.
Leaders at Oracle , the main cloud computing provider for TikTok's U.S. operations, have told some staff to prepare to shut down servers that host U.S. TikTok data as soon as 9 p.m. ET on Saturday (0200 GMT on Sunday) in advance of a U.
President Donald Trump apparently has no qualms about turning the fate of TikTok into a public bidding war. When prompted by specific questions from reporters, the new president has tossed out some of the biggest names in the tech world as possible buyers of TikTok’s US operations — a deal that would allow the platform to get around a ban imposed
TikTok said Sunday it was beginning to restore service for US users after going dark overnight following a new law that effectively banned the app.
Experts have indicated that common workarounds, such as VPNs, may not be effective due to the app's ability to detect user locations through geolocation data.
U.S. President Donald Trump said that Microsoft (NASDAQ:MSFT) is among the companies keen on buying TikTok to avert the ban effective in April. Trump confirmed Microsoft's (MSFT) involvement when asked by reporters,
With multiple suitors circling and Trump framing the situation as a deal-making exercise, TikTok's U.S. future is still up in the air. If a resolution is reached, it could set a precedent for tech ownership disputes between the U.
TikTok's fate remains uncertain as Apple, Google, and Oracle have differing approaches due to their interests. Trump's support for Oracle and potential buyers adds to the drama.
President Donald Trump has denied holding talks with Oracle (ORCL) about a TikTok deal, saying that he has “spoken to many people about
Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated their interest in the app.