WASHINGTON, Jan 25 (Reuters) - The administration of
U.S. President Donald Trump is working on a plan to save TikTok
that involves tapping software company Oracle and a
group of outside investors to effectively take control of the
app's global operations, National Public Radio reported on
Saturday.
Under the deal being negotiated by the White House, TikTok's
China-based owner, ByteDance, would retain a minority stake in
the company, but the app's algorithm, data collection and
software updates would be overseen by Oracle, which already
provides the foundation of TikTok's Web infrastructure, NPR
reported.
The NPR report cited two people with knowledge of the talks.
(Reporting by Kanishka Singh in Washington)