Numerous people are talking to me, very substantial people, about buying it and I will make that decision probably over the next 30 days. Congress has given 90 days. If we can save TikTok, I think it would be a good thing. One source said the full scope of the discussions was not yet set and could include the US operations as well as other regions. Beast, are not part of the Oracle negotiation, one of the sources said.
Under the terms of the deal, Oracle would be responsible for addressing national security issues. The app, which is used by million Americans, was taken offline temporarily for users shortly before a law that said it must be sold by ByteDance on national security grounds, or be banned, took effect on Jan. Officials from Oracle and the White House held a meeting on Friday about a potential deal, and another meeting has been scheduled for next week, NPR reported.
US TikTok ban looms as Trump seeks last-ditch solution. NPR cited another source as saying that appeasing Congress is seen as a key hurdle by the White House. The company has said US officials have misstated its ties to China, arguing its content recommendation engine and user data are stored in the United States on cloud servers operated by Oracle while content moderation decisions that affect American users are also made in the US.
Follow us. Oracle had no immediate comment. Oracle responsible Under the terms of the deal, Oracle would be responsible for addressing national security issues. Forex World Commodity. Leather Up Ltd. Fateh Ind. K-Electric Ltd. Citi Pharma Ltd. Kohinoor Ind.
