At Tiktok, a Chinese online technology company, the parent company Tiktok, to save Tiktok where Trump is making action against the video application.
Reports indicate that the software giant may become Concentration center In a possible Tiktok deal.
Temporary delay will give time to sell a well -known social media platform. However, if he does not find a buyer of US Tiktok, the banned ban on April 5 will become.
Oracle move forward, and becomes the focus center in the Tiktok deal
Vice President JD Vance told reporters that it is almost certain that a high -level agreement would address national security issues in early April.
In addition, President Trump said at the end of last week that four showcases had appeared, but he did not call them.
The names suggested by Trump and others included Microsoft (MSFT), the start of the start of the condom, the billionaire coalition investors, and even the United States government. However, the name Oracle continued to appear.
It is worth noting that Oracle previously tried to get Tiktok in 2020 during the first period of Trump, but it failed. Nevertheless, the company is still deeply involved with Tiktok as a basic cloud provider.
In 2022, Tiktok began directing traffic in the United States via Cloud’s Oracle as part of the “Texas Project” to comply with American regulations on local data storage.
A report published last week revealed that Oracle has recently become a better candidate to help Tiktok escape from his current situation. However, the BYTEDANCE executives are said to continue to participate actively in Tiktok’s commercial operations in any such agreement.
Bloomberg I mentioned separately that the White House is considering a deal with Oracle to give the technology giant a stake in the company in exchange for protecting American data on Tiktok while leaving control of the application algorithm.
On the other hand, TIKTOK and its CEO, Shou Zi Chew, have repeatedly resisted the application of the application. No request for comment from Oracle and Tiktok has not been answered.
On Friday, Reuters presented another Oracle scenario stating that although Oracle has protected the data of American users to prevent China from accessing it, the largest non -Chinese investors in Bitayance may increase their current holdings and buy American Tachtok operations as part of a new company.
In this case, the Chinese ownership of the new company will decrease below the decisive 20 % level to avoid the American ban. Among these investors are General Atlantic, owned by Bill Ford, and the Suskihna International Group, owned by Jeff Yas.
Vice President JD Vance remains optimistic about reaching an agreement on Tiktok
Although Politico mentioned earlier that Oracle was “accelerating conversations” with the White House on Tiktok and that the company’s Capitol Hill representatives were scheduled to visit the legislators in relation to negotiations, and reports also indicated that no deal on the platform was completed.
In an interview with NBC on Friday, Verse said that although it is possible that an agreement on Tiktok is likely to be reached by April 5, it was not clear whether the deal would be completed by that time.
He highlighted that similar deals, which were much smaller and required less capital, took months to close them.
“I think the outlines of this thing will be very clear by April 5,” Vans said. “The question is whether we can accomplish all paper.”
Since the Chinese government needs to agree to any procedure in which it takes a quarter of the Buenots from Tiktok, one of the important issues that it was still from the discussion is whether or not any TIKTOK deal.
However, China has recently become less aggressive, saying that such commercial deals must be independently identified for all market principles. The Chinese government and the country have long opposed any attempts to sell Tiktok.
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