US President Donald Trump’s administration is planning to save Tiktok, and its plan includes eavesdropping on the software company Oracle, opening a new tab, and effectively seizing app management. Two stakeholders who are familiar with the discussion told Reuters.
According to the White House’s negotiations, the owner of Tiktok, the owner who is based in China, will hold the company’s shares, but data collection and software updates have already provided the foundation of Tiktok’s web in frustration. It will be supervised by Oracle. A person concerned told Reuters.
According to officials, contract conditions are fluid and are likely to be changed. According to a certain source, the entire range of talks has not yet been determined, and that it may include not only US operations but also other areas.
On Saturday, the National Public Radio reported on negotiations on Tiktok’s global business, as a story of two people who are familiar with negotiations. No comments have been obtained from the White House and Oracle at this time.
According to the officials, the business during negotiations is expected to be the current US investor in the part -time dancing. Jeff Yasu’s Sasuke Hana International Group, General Atlantic, Callburg Krabz Roberts (KKR), Sequoia Capital, etc. are supporting part -time dances in the United States.
General Atlantic, KKR, SEQUOIA, and SUSQUEHANNA representatives are not obtained at this time.
Other groups that are competing for the acquisition of Tiktok, such as the investor group led by the billionaire Frank McCort, and the group involving Jimmy Donaldson, a well -known YouTube star’s Mr. Beast, participated in negotiations in Oracle. One of the stakeholders said that he was not.
Based on the contract conditions, Oracle is responsible for dealing with the national security issue. Tiktok initially signed a contract to keep US users information in 2022 to reduce US government concerns about the Chinese government.
According to one of the stakeholders, Tiktok’s management will remain and operate a short video app.
This app, which is used by 170 million Americans, is temporarily offline just before the law that the law is prohibited if the part -time dancing is not sold due to national security. It is.
President Trump is inaugurated the next day, and is seeking to delay the enforcement of the law enforced after the US officials warned that the US nation’s data would be abused under the part -time dancing. I signed the order.
Oracle and White House officials held a meeting on the possibility of transactions on Friday, and NPR reported that another meeting was scheduled next week.
Oracle was interested in “tens of billions of dollars -scale” Tiktok stocks, but the remaining transactions were fluid that the NPR reported as an information.
“I hope the United States will hold 50 % of the joint venture business,” said Trump in Tiktok.
NPR stated in another relationship that calm parliament was regarded as an important hurdle for the White House.
The defenders of freedom of speech oppose Tiktok’s ban under the law signed by the US Congress and the former President Joe Biden.
The company has explained the relationship with China, and the company’s recommended engines and user data are preserved in the United States on Oracle’s operated cloud servers, but affects US users. He announced that the decision was also made in the United States.
