TikTok's fate remains uncertain as Apple, Google, and Oracle have differing approaches due to their interests. Trump's support for Oracle and potential buyers adds to the drama.
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.
Experts have indicated that common workarounds, such as VPNs, may not be effective due to the app's ability to detect user locations through geolocation data.
Oracle (NYSE: ORCL), the cloud provider for TikToks U.S. operations, has reportedly instructed staff to prepare for shutting down servers hosting TikToks U.S. data. According to The Information, the shutdown could occur
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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.
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.
Investing.com-- President Donald Trump said on Tuesday that he would be open to letting Tesla (NASDAQ: TSLA) CEO Elon Musk or Oracle (NYSE: ORCL) head Larry Ellision purchase TikTok under a joint venture with the U.S. government.
Canadian investor and Shark Tank star Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC. President Donald Trump on Monday delayed by 75 days the imposition of a law that would effectively ban ByteDance’s (BDNCE) TikTok in the U.
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.
Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump's pledge that the US government won't enforce a national security law that raised potential penalties for US partners of the popular video app TikTok.