Others who have reportedly considered buying TikTok include Elon Musk, real estate billionaire Frank McCourt, and Shark Tank host Kevin O’Leary. Trump recently said he would like Larry Ellison, who co-founded Oracle, to buy the platform.

Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a minority stake.

The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.

President Donald Trump is in talks with "numerous, very substantial people" about a TikTok deal - but not Oracle.

President Donald Trump told reporters that Microsoft is in talks to acquire TikTok's U.S. operations, Bloomberg reports. Although Trump didn't elaborate,

The proposed TikTok deal suggests ByteDance would retain a minority interest while Oracle would manage the apps algorithm, data collection, and software updates.

By Dawn Chmielewski, Kanishka Singh and Milana Vinn NEW YORK/WASHINGTON (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 operations,

Oracle Not Involved In Potential TikTok Purchase, Says He’s Talking With ‘Substantial’ People During a press gaggle on Air Force One, President Trump was asked about putting together a deal for American ownership of TikTok.