U.S. President Donald Trump said on Saturday that he was discussing Tactoku’s purchase with multiple people and is likely to make a decision on the future of popular apps in the future.
“I talked to many people about Tactoku, but I have a lot of interest in Tactoku,” Trump told the Air Force 1 during the flight to Florida. Reuters plans to save Tiku, who has a knowledge of discussions, including Trump’s administration tapping software company Oracle and external investor groups to effectively manage app operations. He reported that he was.
Bytedance, a owner based in Tactoku, holds the company’s shares under the contracts negotiated by the White House, but the data collection and software update will be supervised by Oracle. The sources told Reuters.
However, in a comment to a flying reporter, Trump said he had not talked to Oracle’s Larry Ellison about the purchase of apps.
Mr. Trump was asked if he was compiling transactions with Oracle and other investors to save Tactoku. Many people talk to me about buying it, and I will probably make that decision in the next 30 days. Congress gave 90 days. I think it would be a good thing if I could save Tactoku. “
The sources state that the potential transaction conditions with Oracle are fluid and likely to change. According to some sources, the entire range of discussions has not yet been set, and it can include US businesses and other areas.
On Saturday, the national public radio reported two people with knowledge of negotiations and reported on contract talks with Tiktok’s global operations. Oracle did not comment immediately. The negotiated transactions are expected to participate from some of the current US investors in the ordinance, according to the sources. Jeff Yas’s Sasuke Hana International Group, General Atlantic General Callburg Krabz Roberts (KKR) and Sequoia Capital are one of the signing US supporters.
Representatives of Tiktok, Baitdance Insiders, KKR, SEQUOIA, and Susquehanna representatives could not immediately seek comments.
