Trump administration reportedly negotiating an Oracle takeover of TikTok

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The Trump administration is negotiating a deal that would see Oracle take over TikTok alongside new U.S. investors, according to a report in NPR. Lawmakers passed a bill last year forcing Chinese parent company ByteDance to either sell TikTok or see it banned in the U.S. The app briefly went dark before the law took © 2024 TechCrunch. All rights reserved. For personal use only.

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