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Larry Ellison’s Oracle is ‘leading contender to help run TikTok’ in possible sale: report

Source: nypost.com nypost.com
News Snapshot:

Tech billionaire Larry Ellison’s Oracle is reportedly a “leading contender to help run TikTok” as the Trump administration works to secure a sale that would avoid a complete ban of the China-owned app. Trump has until April 5 to find a buyer for TikTok after he issued an executive order in January delaying enforcement of Congress’s ban by 75 days. TikTok briefly went offline in January after ByteDance failed to meet a deadline to sell its stake over national security concerns. 5 President Trump has said he is open to Larry Ellison buying TikTok. Aaron Schwartz/UPI/Shutterstock ByteDance wants Oracle, which…

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