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flag US considers deal for Oracle to oversee TikTok, addressing security concerns over its Chinese ownership.

flag The Trump administration is reportedly negotiating a deal to have Oracle and a group of U.S. investors take control of TikTok's operations, aiming to address national security concerns over the app's ties to its Chinese parent company, ByteDance. flag Under the proposed plan, ByteDance would retain a minority stake, while Oracle would oversee data collection and software updates. flag Talks are ongoing, with no final decision yet, as the U.S. seeks to mitigate risks associated with TikTok's Chinese ownership.

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