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White House Discusses Oracle-Led Takeover of TikTok

The Information · Abram Brown · last updated

The White House may let TikTok stay in America by allowing Oracle and a group of investors that could include Microsoft to assume control of the app, NPR reports.

While Oracle and the investors would “effectively take control of the app’s global operations,” TikTok’s Chinese parent company, …

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Related Knowledge Center: The TikTok ban

State of Play

The U.S. Congress passed and President Joe Biden signed into law a measure banning TikTok if it weren’t sold by its Chinese ownership. But now-President Donald Trump gave the service a reprieve, and a sale of its U.S. operations appears imminent.

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