Tiktok’s long, winding saga of dealing with a potential ban in the united states appeares to be advancing toward a resolution.
The Wall Street Journal Reported on tuesday that us boyers and tiktok was working toward “Finalizing” a Framework for a Deal in which a Us Entity Bold outside an an 80 percent stake in the company Chinese Sharehlders White Own the Own Rest. The story also also revised that the potential buyers were Oracle, Silver Lake, Andressen Hrowitz.
Jimmy kimmel reacts to tiktok ‘Framework’ Agreement Between Us and China
Orackle, a software and cloud giant, have long been connected to tiktok as a potential purchase. Silver Lake and Andreessen Hrowitz (A16Z) are both huge names in tech investment. It’s Worth Noting That The Companies and their Leaders have Connections with the Trump Administration, which has obviously been closly involved with the potential deal. President Donald Trump even said hee he’d like Oracle Co-Founder “Larry (Ellion) to Buy It.” Marc Andressen, Co-Founder of A16Z, Morphed into a Staunch Trump Supporter after Years as a Democrat.
Mashable light speed
The Potential Deal has been coming. After multiple threats of a ban, pushed deadlines, and long lulls with no news, this deal appears to be heading towed the finish line. It appears the trump administration is happy with the end result.
“A Deal was also reacted on a ‘certain’ company that young people in our country very much gold wanted to save,” Trump posted on his social media site truth social. “They will be very happy! I will be speaking to President Xi on Friday. The relationship remains a very strong one !!!”
