
Trump Backs Oracle In Reported TikTok Bid
President Donald Trump has voiced approval of Oracle Corp’s reported bid for TikTok, the Chinese video-sharing sensation that could also be bought by Microsoft.
Reports said Oracle — whose chairman Larry Ellison has raised millions in campaign funds for Trump — was weighing a bid for TikTok’s operations in the US, Canada, Australia and New Zealand.
The Trump administration has given TikTok’s parent company ByteDance a 90-day deadline to divest the app before it is banned in the United States, citing national security concerns.
Taking questions after a speech on Tuesday in Yuma, Arizona, Trump said: “I think Oracle is …