In a dramatic twist, Oracle and Microsoft are reportedly in talks to take over TikTok's global operations, with Oracle poised to run the show 1. According to NPR, the deal would see ByteDance, TikTok's parent company, retain a minority stake in the platform.

However, Oracle would oversee critical aspects of the app, including its algorithm, data collection, and software updates.

The White House is said to be negotiating the deal, but President Trump has denied any direct involvement with Oracle. "I have spoken to many people about TikTok, and there is great interest in TikTok," Trump stated, but clarified that Oracle was not among those he's spoken with.

A Complex Deal

The proposed deal is complex, with multiple stakeholders involved. Microsoft, which was previously in talks to acquire TikTok's US operations, is now reportedly part of a group of investors looking to take over the platform's global operations. Oracle, on the other hand, would take on a more significant role, overseeing critical aspects of the app.

Implications and Uncertainty

The implications of this deal are far-reaching, with significant uncertainty surrounding TikTok's future. If the deal goes through, Oracle would play a crucial role in shaping the platform's direction. However, the deal's success is far from guaranteed, and the involvement of multiple stakeholders adds to the complexity.

As the situation unfolds, one thing is clear: TikTok's future hangs in the balance. Will Oracle and Microsoft succeed in taking over the platform's global operations, or will the deal fall through? Only time will tell.