White house in conversations to make Oracle and American investors take over Tiktok, reports, for example, from Reuters

Washington (Reuters) – Administration of US President Donald Trump is working on a plan to save a Tictok that includes an eavesdrop on Oracle software companies (NYSE 🙂 and a group of external investors to effectively take control of the global application operations, National Public worked on Saturday.

According to an agreement negotiated by the White House, Tiktokov owner based in China, Bytottendance, would retain a minority share in the company, but Oracle would monitor the application algorithm, collecting data and updates of the software, which already provides the foundation of the web infrastructure tictic, reported, for example.

The report, for example, stated two people with knowledge of conversations.