The illustration shows the TIKTOK logo displayed on the mobile phone screen.
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US Presidential Government Donald Trump It is developing a plan to rescue Tiktok, which involves overcome software companies Oracle And a group of external investors to effectively control the global operation of the application, National Public Radio Report Saturday.
According to the White House’s negotiation agreement, TIKTOK’s Chinese owners’ byte beating will retain a small number of equity of the company, but the application algorithm, data collection and software update will be supervised by Oracle. Oracle has laid the foundation for TIKTOK’s business. According to the NPR report, network infrastructure.
The report from the National Public Broadcasting Station quoted the words of two people who understood the talks. The White House and Oracle did not comment immediately.
NPR reports may mean that American investors will have most of Tiktok’s equity. However, the report added that the terms of transaction may change and are still being finalized.
NPR quotes a person who directly participates in the negotiation but has not been authorized to speak publicly: “The goal of Oracle is to effectively monitor and monitor Tiktok.”
“Byte beating will not completely disappear, but it will minimize the ownership of the Chinese.”
Other potential investors participating in negotiations include MicrosoftNational Public Broadcasting Station reported.
According to the National Public Broadcasting Station, officials from Oracle and White House held a meeting on a potential transaction on Friday and planned to hold another meeting next week.
The report quoted sources as saying that Oracle is interested in Tiktok shares of “tens of billions of dollars”, but the rest of the transaction is still changing.
NPR quoted another sources as saying that the Congress was considered a key obstacle to the White House.
