AsianFin -- The Trump administration is in negotiations for a deal that would see Oracle acquire TikTok, along with new U.S. investors, according to a report by NPR.
Last year, U.S. lawmakers passed a bill mandating that Chinese parent company ByteDance either sell TikTok or face a ban in the U.S. While the app temporarily went dark before the law's implementation on January 20, President Trump announced he would issue an executive order to delay the ban, offering more time for a resolution.
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