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August 19, 2020 President Donald Trump expresses his support for Oracle for the purchase of TikTok, which adds to the negotiations already opened by Microsoft and the interest shown by Twitter. Oracle has closer ties to the White House than most other parties involved in the race, as Larry Ellison, the company's co-founder, president, and largest shareholder, organized a fundraiser at home earlier this year. its for President Trump.

When asked by reporters about whether Oracle could be considered a good buyer for TikTok, the president said, "I think Oracle is a great company and I think its owner is a great guy, an amazing person. I think Oracle would definitely be someone who can. to manage it ".

The Trump administration has been claiming for months that TikTok poses a threat to national security because it is owned by ByteDance, a Chinese company that has contested US allegations of sharing US user information with the Beijing government.

Trump again reiterated that whoever is the buyer of TikTok will have to make a substantial payment to the US government as part of the transaction.