President Donald Trump told reporters that Microsoft is in talks to acquire TikTok's U.S. operations, Bloomberg reports.
Oracle would run TikTok’s global operations while Microsoft is in talks to invest, according to NPR.
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
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.
The server networks which support TikTok operate through Oracle's existing infrastructure responsibilities. The deal's ...
Speaking with reporters Monday night, President Trump said "yes" when asked if Microsoft is among the companies in discussions to buy TikTok.
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
TikTok and President Donald Trump are reportedly in talks with Microsoft and Oracle to buy the social media app.
TikTok acquisition deal, if takes place, will allow China’s ByteDance to retain a minority stake in the video sharing ...
NPR reported that Oracle, along with other American investors, has proposed taking a majority stake in TikTok to oversee ...
Oracle and Microsoft are in talks to take over TikTok’s global operations, according to a report from National Public Radio ...