TikTok, White House and Oracle
President Donald Trump told reporters Saturday, "Numerous people are talking to me, very substantial people, about buying" TikTok.
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the app's global operations, two sources with
Politico White House journalists contrasted former President Biden with President Donald Trump regarding how their administrations have addressed the press.
The White House on Saturday called TikTok’s statement warning that it will “go dark” on Sunday unless President Biden steps in a “stunt,” arguing the app doesn’t have to take action before President-elect Trump is sworn in.
Others who have reportedly considered buying TikTok include Elon Musk, real estate billionaire Frank McCourt, and Shark Tank host Kevin O’Leary. Trump recently said he would like Larry Ellison, who co-founded Oracle, to buy the platform.
President Biden made a decision on whether or not to ban TikTok — a measure set to take effect the day before he leaves office, according to a US official.
Last week, President Donald Trump paused TikTok's nationwide ban in the U.S., after the Supreme Court ordered it be shut down due to national security concerns over its ties to the Chinese government. This could potentially enable Beijing to access user data and influence American users.
The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's global operations,
The president denied a report that the White House was helping advance a deal with Oracle and a group of other outside investors for the platform.
TikTok said it will be forced to go dark on January 19, the day the ban is set to take effect, without more assurances it won't be enforced.