Trump denies conversations with Oracle about a deal with Tiktok, but says it is likely that a decision will probably be made within 30 days

After a report from This was said that the Trump administration is working on a deal with Oracle and other investors to take over Tiktok in the US, Trump denied any negotiations with Oracle, but says he “talked to many people about Tiktok” and can decide in the next month, according to S Trump signed an executive order shortly after he went to office on Monday Giving the parent company to the Bytedance app for more time to understand a deal that would allow him to continue US operations.

NPR, Referring to sources, “with direct knowledge of conversations,” initially reported that Oracle was meeting with White House officials on Friday to discuss a deal in which Oracle and other US investors would be a majority stake in Tiktok and would watch things like data collection. Microsoft has also participated in the conversations as per NPRS “The goal is Oracle to follow effectively and to provide supervision with what is happening with Tiktok,” an unnamed source told a source to a source to NPRS “Bytedance will not disappear completely, but it would minimize Chinese property.”

Asked about a potential deal with Oracle by reporters during a flight of Air Force One on Saturday night, however, Trump said, to Reuters“No, not with Oracle. Many people tell me, very significant people, about buying it, and I will make this decision probably in the next 30 days. “

Prior to the ban on January 19, Bytedance backed away against the idea of ​​selling Tiktok to appease US lawmakers. But she changed her tune on Sunday after Trump intervened to temporarily return the application online by issuing a statement about Tiktok’s The account says the company “will work with President Trump on a long -term decision that supports Tiktok in the United States.”

Came a few hours after Trump wrote in a social post of truth during that “would like the United States to have a 50% property position in a joint venture.” However, his exact plan remains unclear. According to one of the sources who spoke with NPR“It seems no one knows what he meant with the 50 percent comments of my own capital.”