After a report from NPR After it was said that the Trump administration is working on a deal with Oracle and other investors to acquire Tiktok in the United States, Trump denied any talks with Oracle but said he had “spoke to many people about Tiktok” and might make a decision the next day. The month, according to Reuters. Trump signed an executive matter shortly after he took office on Monday delaying the implementation of a 75 -day TIKTOK ban, giving the BYTEDANCE parent application more time to reach a deal that allows it to continue its operations in the United States.
NPR, Quoting sources “directly familiar with the conversations”, I originally stated that Oracle met with White House officials on Friday to discuss a deal that ends Oracle and other American investors to obtain a majority stake in Tiktok and supervise things such as data collection. Microsoft also participated in the talks, according to NPR. An unnamed source said: “The goal is for Oracle to monitor what is happening with Tiktok and effectively supervise it.” NPR. “It will not disappear by BYDADANCE, but it will reduce Chinese ownership.”
When Trump was asked about a possible deal with Oracle by journalists during a flight on the presidential plane on Saturday night, Trump said to each Reuters“No, not with Oracle. Many people talk to me, very important people, about buying it, and you will likely make this decision in the next thirty days.
Before the ban on January 19, Bytedance opposed the idea of selling Tiktok to satisfy American legislators. But she changed her accent on Sunday after Trump’s intervention to temporarily re -apply to the Internet, and issued a statement on Tiktok. X An account says that the company “will work with President Trump on a long -term solution that keeps Tiktok in the United States.”
This came a few hours after Trump was written in a post on Truth Social during the short -term TIKTOK interruption period, that he “would like the United States to obtain 50 % ownership of a joint project.” However, his accurate plan is still unclear. According to one of the sources that you spoke with NPR“It seems that no one knows what he means with 50 percent stock comments.”