Trump reportedly says Microsoft is in talks to buy TikTok
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President Donald Trump says Microsoft (MSFT) is in talks to buy TikTok, according to a report from Reuters. Microsoft taking over TikTok would eliminate concerns about the social media platform's current parent company, China's ByteDance. These concerns caused TikTok to be briefly banned nationwide in the US. The deal would likely include Oracle (ORCL), which runs TikTok's US infrastructure.
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This post was written by Naomi Buchanan.
