White House Wants The TikTok Operation To Be Controlled By Oracle

Tiktok (unsplash)

JAKARTA TikTok was closed on January 19, in accordance with the divestment rules set out in the US. Although the ban is only obeyed for a day, this platform is still not available on the Apple Store or Play Store.

This happened because of the unstable operation of TikTok. US President Donald Trump has issued exclusive orders regarding divestment rules to the Department of Justice (DOJ) and the Attorney General, but official rules for service providers have not been issued.

Trump also seems to want to take control of TikTok in a slightly different way. Instead of banning TikTok operations as the platform has yet to break away from ByteDance, Trump wants the majority of TikTok's shares to be owned by US companies or investors.

Many names of investors and companies have emerged over the past few months, but recently Oracle's name has been dragged along. TikTok has long used the Oracle server network so that the two companies have good partnership concerns.

According to the NPR report, the White House is discussing the potential purchase of TikTok shares by Oracle and a group of other investors. That way, ByteDance as the parent company will maintain minority shares in the US.

However, Oracle's plan to buy TikTok shares is not necessarily true. The reason is, on January 25, Trump said he had met with various parties interested in TikTok, but there was no Oracle on board.

"I've spoken to a lot of people about TikTok and there's a great interest in TikTok," Trump said, quoted by Reuters. "No, not with Oracle. Many people are talking to me, very important people, (but no Oracle)."