US, China in Deal for App to Keep Operating in US
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1don MSN
Oracle, Silver Lake would play key roles in TikTok deal between Trump administration and China
Technology company Oracle is among a consortium of firms that would enable TikTok to continue operations in the U.S. if a framework deal is finalized, sources say.
TikTok may be on the chopping block (once again!) - but in a new post published this morning on Truth Social, Donald Trump dropped a not-so-subtle hint that the beloved app may be safe. “The big Trade Meeting in Europe between the United States of America,
Oracle's stock jumps over 3% as reports suggest a potential acquisition of TikTok. U.S. and China officials reach a preliminary deal on TikTok's future.
Top economic officials met in Madrid for a second day, with deadlines looming on tariffs and a ban on TikTok in the United States if it is not sold by its Chinese owner, ByteDance.
Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal between the U.S. and China is finalized, CBS News reported on Monday.