Tiktok’s long and winding, the saga, to face a potential ban in the United States seems to advance towards a resolution.
THE Wall Street Journal Tuesday that American buyers and Tiktok were working to “finalize” an executive for an agreement in which an American entity would hold an 80% participation in the company while the Chinese shareholders had the rest. History also revealed that potential buyers were Oracle, Silver Lake and Andreessen Horowitz.
Jimmy Kimmel reacts to Tiktok’s “framework” agreement between the United States and China
Oracle, a software and cloud giant, has long been connected to Tiktok as a potential buyer. Silver Lake and Andreessen Horowitz (A16Z) are both huge names in technological investment. It should be noted that companies and their managers have links with the Trump administration, which was obviously closely involved in the potential agreement. President Donald Trump even said that he would like the co-founder of Oracle “Larry [Ellison] To buy it. “Marc Andreessen, co-founder of A16z, has turned into a fervent supporter of Trump after years as a democrat.
Mashable lighting speed
The potential agreement was long to come. After multiple threats of ban, advanced deadlines and long cakes without new, this agreement seems to be heading for the finish line. It seems that the Trump administration is satisfied with the final result.
“An agreement was also concluded on a” certain “company that the young people of our country wanted to save a lot,” published Trump on his social media site Truth Social. “They will be very happy! I will speak to President XI Friday. The relationship remains very strong !!!”
