President Trump indicated that he would be open to Tesla CEO Elon Musk or Oracle CEO Larry Ellison buying TikTok.
President Donald Trump expressed openness to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison acquiring TikTok, marking a significant shift in the platform’s uncertain future amid regulatory challenges.
"I have met with owners of TikTok, the big owners," Trump stated. "What I'm thinking about saying to somebody is, buy it and give half to the United States of America," Trump said. "And we'll give you the permit.
A Delaware judge has approved a settlement that will see Tesla directors -- including Chair Robyn Denholm, Oracle founder Larry Ellison, Kimbal Musk, and
President Trump said Tuesday while taking questions at a press conference on AI infrastructure that he would be open to Tesla CEO and X owner Elon Musk or Oracle chairman Larry Ellison buying TikTok.
The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers
Trump suggests tech moguls Elon Musk and Larry Ellison as potential buyers to secure TikTok’s U.S. operations.
Billionaire Frank McCourt, Shark Tank investor Kevin O'Leary, tech entrepreneur Jesse Tinsley and MrBeast have all expressed interest in TikTok
In a move that signals a major shift in the technological and geopolitical landscape, US President Donald Trump announced on January 21 a groundbreaking initiative to propel the United States to the forefront of artificial intelligence (AI) innovation.
The project backed by Oracle, OpenAI, and SoftBank was announced by President Donald Trump Jan. 21, but it's not without its detractors.
Shares of Oracle ( ORCL 6.97%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained as much as 11.3% earlier in the day. The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively.