President Donald Trump has indicated a possible deal in the works to prevent the looming ban on TikTok. The reported agreement involves partnering with software company Oracle and a group of investors to assume control of the app's operations. Under this proposed deal, ByteDance, TikTok's Chinese parent company, would retain a stake in the platform while Oracle would manage data and software updates.
Trump's national press secretary expressed confidence in Trump's deal-making abilities, emphasizing his desire to save TikTok. This development comes as several Republican state attorneys general, who have raised concerns about national security and data privacy, await the outcome.
