White House in talks to have Oracle and US investors take over TikTok, NPR reports
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The Trump administration is negotiating a plan for Oracle and US investors to take control of TikTok's global operations, as reported by NPR.
January 25, 2025 | 11:00 pm
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Oracle is in discussions with the Trump administration to take control of TikTok's global operations, which could significantly impact its business and market position.
Oracle's involvement in taking over TikTok could enhance its market presence and diversify its business operations. This news is likely to positively impact Oracle's stock price in the short term as it positions the company in a high-growth sector.
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