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NPR reports that the Trump administration is urging Oracle to acquire TikTok in collaboration with new American investors. Last year, the US Congress enacted legislation mandating ByteDance, TikTok's Chinese parent company, to either sell TikTok or face a ban on its use within the United States. Prior to the law's enforcement, the app was briefly unavailable, yet President-elect Trump announced his intention to issue an executive order postponing the ban. Furthermore, Trump proposed considering Musk or Oracle's chairman as partners in a joint venture to purchase TikTok, expressing a desire to own 50% of the shares. This development has garnered significant attention. While ByteDance has declined to sell, potential buyers remain optimistic. The TikTok saga transcends corporate interests, illuminating the tensions between globalization and geopolitics.
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