HUFFPOST
President Donald Trump on Saturday denied a report that the White House is working on a deal with Oracle and a group of other outside investors to secure TikTok’s presence in the U.S.
While Trump said he was not in talks with the computer technology company, he claimed he would make a decision on the platform within the next month.
“No, not with Oracle,” he told reporters. “Numerous people are talking to me, very substantial people, about buying it, and I’d make that decision probably over the next 30 days.”
Trump repeated that he has a “warm spot in [his] heart” for TikTok.
“If we can save TikTok, I think it would be a good thing,” he said.
NPR on Saturday reported that the White House was involved in talks with Oracle and a group of other outside investors to take over the platform’s global operations. Under that potential deal, Oracle would have control over the algorithm and data collection, while Chinese company ByteDance would still have a minority stake in…
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