President Donald Trump’s recent executive order has temporarily paused the TikTok ban, but the app’s future in the U.S. remains uncertain. To stay operational, TikTok’s parent company, ByteDance, may need to give up majority ownership.
Oracle and other U.S. investors are reportedly stepping in to facilitate this transition. ByteDance could retain a minority stake, while Oracle would oversee TikTok’s technology, including its algorithms and updates, to address national security concerns.
Also Read: TikTok’s US App Store Ban: What’s Next for the Platform?
Talks between Oracle and the White House are ongoing, with Microsoft and Walmart also showing interest. However, challenges remain. A U.S. law requires TikTok to fully sever ties with ByteDance, and the app’s high valuation complicates any potential deal.
If no agreement is reached, TikTok could be removed from U.S. app stores, affecting millions of users who rely on it for entertainment, education, and income.
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