Coverage dated January 24, 2025 to January 25, 2025
The White House is in talks to have Oracle and U.S. investors take over TikTok
Headline from Delaware Public Media
The White House is working on a plan to have Oracle and other U.S. investors take a majority stake in TikTok, sources tell NPR.
Delaware Public Media's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The aim is to place oversight control in the hands of American software company Oracle and other investors. Under federal law, TikTok must split apart from China, or face a nationwide ban.
Trump reportedly told reporters during an Air Force One flight that he has been in talks with "numerous people" about a potential deal to "save TikTok."
WASHINGTON >> The Trump administration 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, National Public Radio reported today.