California, 2024 file photo of Tiktok’s offices in Culver City. The fate of the popular social practice can be decided in the coming days, as a recipient wants to comply with a federal law in which Chinese ownership is disposed of.
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According to a person who directly participate in public conversations, the Trump administration intends to make a agreement to potentially solve the legal uncertainty, which includes leasing from the Beijing -based owner of Tiktok’s application.
Within the scope of the plan, a new US presence would be created by the software giant Oracle. Siyebans is expected to maintain the minority stake.
According to the source, the offer of algorithm rental in the White House is controversial. There are discussions between China Hawks about whether the plan really lifted the operational control of the application. However, the movement may eliminate the need to approve the agreement at a time when China’s Trump administration announced a tariff of 34% for Chinese goods.
Trump implemented a sales date on Saturday for extremely popular video service.
Before the deadline, a rush of new bidder, including one of the technology giant Amazon, showed interest, but the negotiators in the White House say that the proposal was not seriously taken.
Oracle, which has already provided Tiktok’s most rear -end technical support, will be assigned to supervise the new asset to ensure that the Chinese government has no background to access millions of Americans. The person participating in negotiations with Tiktok said that the safety of the personal data of users rather than algorithm is the dominant focus of talks.
“I don’t think the algorithm is as scary as before for people in Washington. Great concern data security,” he said in a statement last week on Wednesday. “Project Texas 2.0 is very similar.”
This is a reference to a plan that was shaped in the first period in which Trump’s Tiktok data of Austin -based Oracle is used as a storage officer and the application of the application will regularly inspections. During the Biden management, the plan, which was standing without final approval, included a “killing key” that would allow the authorities to close the platform without national security criteria.
The new version of the arrangement led by Oracle, which includes the release of the first reported algorithm Washington PostIt does not include the Kill Switch option.
White House Press Secretary Karoline Leavitt, Oracle does not comment on the plan, but NPR said in a statement, “If a tiktok agreement is made and when and when it will come directly from President Trump,” he said.
An agreement would provide relief to Tiktok, a rugged year. Unless Beijing left the technology giant Baytan, the federal law, which prohibits the viral video application throughout the country, entered into force.
In 2024, the Congress passed with an overwhelming two -party support that an application used by more than half of the Americans should not be controlled by China, a foreign enemy of the US Tiktok fought the whole way to the high court – but the court supported the law at the beginning of 2025.
Starting on the evening of January 18, just before the ban was planned to enter into force, the implementation was darkened for 14 hours. However, after Trump swear to duty, he trembled the next day after promising to sign an order that delayed the ban.
On the Opening Day, Trump signed a manager order that pushed the beginning of the ban 75 days and promised immunity for other technology companies that offer rear latest services such as Apple and Google in applications such as Apple and Google. This extension will end on April 5th.
Legal experts say Trump’s delays did not stop the ban, that is, Tiktok’s ties with China in the United States is still technically illegal. Nevertheless, Tikp and its administration guarantee that the US cannot judge anyone under the law and violated a federal regulation, but it was sufficient to remain online, although it violates a federal regulation.
Since January, Trump said that Tiktok, an application and a valuable asset used by more than 170 million Americans for anyone who can want to impress a generation of young internet user who flocked to service every day, is “tremendous interest” from the potential buyers.
In January, the NPR reported that the Cloud Computing Company Oracle was used as the best contestant to lead the coalition of other investors for Tiktok to buy a major share in the US operation by the White House.
Oracle has long been ruled by a billionaire republican donor Larry Ellison, a billionaire donor of Trump for a long time.
