Trump Administration Explores Oracle-Led Takeover of TikTok to Address Security Concerns
- The Trump administration is negotiating a deal for Oracle to oversee TikTok's operations, with ByteDance retaining a minority stake in the company.
- The deal aims to address national security concerns raised about TikTok's ties to China.
- Congress is seen as a key hurdle for the deal, with a law requiring TikTok to divest from ByteDance to remain operational in the U.S.
- Oracle's involvement is intended to ensure that ByteDance does not control TikTok, as emphasized by a person involved in the discussions.
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Coverage Details
Total News Sources0
Leaning Left8Leaning Right20Center13Last UpdatedBias Distribution49% Right
Bias Distribution
- 49% of the sources lean Right
49% Right
L 20%
C 31%
R 49%
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