If you’ve been following recent events, you’re likely aware that TikTok is facing major challenges in the United States.
Congress recently passed legislation requiring ByteDance to sell TikTok to a U.S. company by January 19, 2025, or face a complete ban. On January 17, the Supreme Court upheld the law, prompting a temporary suspension of TikTok in the country.
In response, Donald Trump, now in his second presidential term, issued an executive order granting a 75-day extension for TikTok to find a U.S. buyer, delaying the ban.
Trump has suggested that prominent figures like Larry Ellison (Oracle) or Elon Musk could acquire the app, a proposal that has sparked controversy even among members of his own party.
In the latest twist, Oracle and Microsoft—two tech giants with previous involvement in TikTok’s U.S. operations—have re-entered discussions to acquire the platform and prevent its permanent suspension.
While no official agreement has been confirmed, Trump revealed over the weekend that he is in talks with several potential buyers and expects a decision on TikTok’s future within 30 days, according to Reuters.
“I’ve spoken with many people about TikTok, and there’s significant interest in it,” Trump told reporters.
As reported by Reuters, the current plan could involve Oracle and external investors taking control of TikTok’s U.S. operations. ByteDance would retain a minority stake, but a U.S.-based company would oversee data collection and software updates. Oracle, which already provides TikTok’s web infrastructure in the U.S., would likely lead the arrangement.
Despite these developments, Trump clarified that he hasn’t had formal discussions with Larry Ellison regarding the acquisition.
According to NPR, Microsoft is also reportedly involved in the ongoing negotiations. The company had previously made a bid for TikTok in 2020 and may play a role in the app’s future.
With tight deadlines and significant political pressure, TikTok’s future in the U.S. remains uncertain. Additionally, the app remains unavailable on Apple and Google app stores, leaving millions of Americans unable to access the platform.