- NPR claims to have Intel in a new plan for Oracle to be partial buyers in Tiktok
- The president is denying any knowledge, but Congress employees are less tight.
- At the time of publication, Tiktok is not yet available in Google and Apple Application stores due to imminent prohibition
Oracle could be the next in the row to take charge of the property of the social networks Tiktok of Bytedonce, if new reports are created.
An exclusive NPR, promoted by correspondence with “two people with direct knowledge of the conversations”, affirms that a murky agreement involving the cloud storage titan is located in the early stages; Although complicated by President Trump’s own wishes for the United States to have a 50% capital participation in the company, and “a group of external investors,” including Microsoft, which also shows interest.
The new deliberations offer Tiktok a suspension of execution after it was supposed to have been prohibited in the US. In case there is no plan for a sale to US buyers (a process known as qualified divestment), Thanks to a law approved by Congress in April 2024.
Oracle Tiktok Deal?
Given the speculation, it is not surprising that President Trump refused to comment when asked about future conversations allegedly maintained with Oracle Larry Ellison chief on the agreement, which means that, ultimately, we simply do not know so much about The plan still.
However, one of the NPR sources stated, at present, the agreement would give the United States direct supervision about Tiktok as a platform, but that Bytedance “would not completely disappear.”
Although the original deadline for it to occur before a prohibition was on January 19, 2025, the newly settled president signed an executive order that provided an extension of 75 days, despite the statement of legal academics.
Although the Tiktok service is still operational in the US. As a result of the order, Google and Apple have eliminated it from their respective mobile application stores, with greater probability of making the line of the law.
An employee of the congress involved in the conversations said that “a key part [of the new deal winning approval despite passing a deadline] It is demonstrating that there is no operational relationship with the byte. […] It is not necessary that there are no rear in which China can get access. “
According to reports, White House negotiators have the impression that Tiktok could be worth $ 200 billion, so maybe not surprising that certain forces want to keep the deal alive.
In addition, it is believed that the Chinese opposition for the sale of Tiktok had recently decreased as thoughts resort to that it is used as a negotiation chip to relieve commercial tariffs; A position that seems to make a treatment for much more likely.
Meanwhile, Oracle has its own interests well established in an agreement. In his annual report to the Bag and Securities Commission in 2024, he said that a Tiktok prohibition could damage the cloud giant business, since the Byteedance is a client and, in June 2022, he transferred his data from US users To Oracle’s servers after initial concerns about their data management practices were generated in the territory.
This is not the first time that technological giants such as Microsoft and Oracle have been appointed as part of possible agreements that would transfer Tiktok to US property; In August 2020, both companies, more names such as Walmart, Google and Twitter were appointed as part of an agreement that could have turned the application into an electronic commerce platform oriented to the creator.