Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
Last week, President Donald Trump paused TikTok's nationwide ban in the U.S., after the Supreme Court ordered it be shut down due to national security concerns over its ties to the Chinese government.
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
The aim is to place oversight control in the hands of American software company Oracle and other investors. Under federal law ...
Oracle and Microsoft are reportedly in advanced discussions to take over TikTok's global operations. Here is the full story ...
Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would ...