TikTok has 75 days to divest from its Chinese ownership or face a ban in the US. Elon Musk, Larry Ellison from Oracle, and Microsoft are the main contenders for its acquisition. Musk has hinted at government censorship issues, while Oracle's pivotal role as a data storage provider solidifies its candidacy. Microsoft, with its substantial resources and capabilities, is another strong option. Speculation continues as the deadline approaches, emphasizing implications for tech governance and user access in the US market.
As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.
Musk has criticized the potential ban, arguing that 'it is not just about TikTok, it is about censorship and government control!' His close relationship with the Trump administration...has fueled speculation...
With Ellison's personal fortune of $207 billion — ranking behind only Musk, Amazon's Jeff Bezos and Meta's Mark Zuckerberg...Oracle is frequently mentioned as a front-runner.
While the company founded by Bill Gates has historically dominated in productivity and enterprise software, its financial strength makes it a noteworthy contender for TikTok.
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