💨 Abstract

President Donald Trump stated he is in discussions to buy TikTok and expects a decision within the next 30 days. A potential deal is being negotiated by the White House, involving Oracle and a group of outside investors to control the app's operations. ByteDance, TikTok's China-based owner, would retain a stake, while Oracle would oversee data collection and software updates.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖