An executive order signed by U.S. President Donald Trump might have postponed the inevitable when it comes to banning TikTok in the country, it appears a plan is in the pipeline to bring the app back to relevant online stores, but it involves an acquisition play in which Oracle and other U.S. investors will be involved. In short, for TikTok to remain a part of the U.S., its Chinese-based majority owner’s role will have to be diminished severely. Parent company of TikTok, ByteTance, will reportedly maintain minority ownership of the video-uploading platform, assuming a deal is finalized While talks are ongoing […]
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