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.
45 Articles
45 Articles
Why Trump’s TikTok deal is worrying deep-pocketed investors
Deep-pocketed investors are growing wary of plowing money into the Trump-backed proposal for US ownership of TikTok because of possible massive civil liabilities from a likely flood of lawsuits over the deal.
TikTok and Trump: The app looks set to survive the next government deadline and stay alive in the U.S.
One of President Donald Trump’s first moves at the start of his second term was to throw a lifeline to TikTok — and analysts are now expecting a repeat performance as a key deadline nears for the video-sharing app.
Oracle Weighs Security Backstop, Small Stake to Land TikTok Deal
Oracle Corp. is weighing a proposal for a sale of TiKTok’s US operations that would have it provide security assurances and take a small stake in a new American entity while potentially leaving the app’s influential algorithm in Chinese hands, according to people familiar with the matter.
'Non-negotiable': GOP lawmaker maintains 'hardline' TikTok stand with Trump
President Donald Trump was an outspoken TikTok critic in the past, but he became a staunch defender after the platform was used to promote him in the 2024 presidential race. And now, Trump wants Americans to maintain their TikTok access.But Rep. John Moolenaar (R-Michigan) is taking a hardline position with TikTok, maintaining that it should not be available in the United States unless it is totally separated from its parent company: the Beijing…
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