Microsoft Corp (NASDAQ: MSFT) is in talks to acquire ByteDance Ltd-owned TikTok US arm, President Donald Trump said. TikTok has 170M US users, accounting for 4% of the US digital ad market. Other bidders include AI startup Perplexity and Frank McCourt.
Leaders at Oracle , the main cloud computing provider for TikTok's U.S. operations, have told some staff to prepare to shut down servers that host U.S. TikTok data as soon as 9 p.m. ET on Saturday (0200 GMT on Sunday) in advance of a U.
Saturday night's rolling cutoff for US TikTok users followed a report from The Information that said Oracle (ORCL), which manages TikTok's US servers, was set to begin shutting down servers that host TikTok's data as early as 9:00 p.m. ET. Congress has ...
TikTok said Sunday it was beginning to restore service for US users after going dark overnight following a new law that effectively banned the app.
President Donald Trump apparently has no qualms about turning the fate of TikTok into a public bidding war. When prompted by specific questions from reporters, the new president has tossed out some of the biggest names in the tech world as possible buyers of TikTok’s US operations — a deal that would allow the platform to get around a ban imposed
President Donald Trump says Microsoft (MSFT) is in talks to buy TikTok, according to a report from Reuters. Microsoft taking over TikTok would eliminate concerns about the social media platform's current parent company,
U.S. President Donald Trump's administration is chalking out a plan to save popular short-form video hosting service TikTok which involves Oracle (NYSE:ORCL) and a group of outside investors ...
President Donald Trump has denied holding talks with Oracle (ORCL) about a TikTok deal, saying that he has “spoken to many people about
The Trump administration is negotiating a plan to save TikTok by involving Oracle (NYSE:ORCL) and U.S. investors to oversee the apps global operations, according to NPR. ByteDance, TikToks China-based parent company,
U.S. President Donald Trump confirmed Monday that Microsoft Corporation (NASDAQ: MSFT) is in discussions to acquire TikTok, aiming to keep the popular social media app under American ownership. Trump expressed interest
With multiple suitors circling and Trump framing the situation as a deal-making exercise, TikTok's U.S. future is still up in the air. If a resolution is reached, it could set a precedent for tech ownership disputes between the U.
President Donald Trump told reporters on Monday that Microsoft (MSFT) is in talks to buy TikTok and that he’d like to see a bidding war over