Trump Says TikTok and Oracle Are ‘Close to a Deal’
TheWrap reported in late August, Oracle moved into the lead to takeover TikTok’s U.S. operations, leapfrogging Microsoft, thanks in part to Ellison’s close ties to the White House.BREAKING: @POTUS says @tiktok_us @Oracle are close to a deal: “we’re going to make a decision soon… high respect for Larry Ellison, terrific guy, close to a deal.” #TikTok— Lydia Moynihan (@LJMoynihan) September 15, 2020The president’s comments come a day after Oracle said it had reached an agreement with TikTok to become its “trusted technology provider” in the U.S.