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Forbes Daily: Oracle Emerges As Leading Contender In U.S. TikTok Deal

  • Oracle is the leading contender to take over U.S. Operations of TikTok, according to anonymous sources who spoke to Politico.
  • The White House is considering Oracle's deal, with a deadline for TikTok approaching on April 5th.
  • Oracle representatives will meet with key lawmakers this week about the potential deal.
  • Former President Biden signed a bill requiring TikTok's parent company, ByteDance, to divest by January 19th, giving 75 additional days to create a plan.
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sherwood.news broke the news in on Thursday, March 13, 2025.
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