TikTok

A TikTok-Oracle deal is being reviewed by U.S. Treasury Department.

ByteDance, the Chinese parent company of TikTok, has chosen Oracle to be its U.S. technology partner in the U.S.

The app's popularity has grown immensely, particularly with millennials and Gen Z. It boasts more than 100 million monthly active users in the U.S., largely from this demographic.

ByteDance has been looking to pick a buyer so it can finalize a deal by mid-September

It isn’t clear whether any alternative would satisfy President Trump’s concerns

A TikTok employee has filed a court order to stop the implementation of President Trump's executive order banning the app.

Bidders are unsure whether China’s new export restrictions cover the service’s algorithms

NEW YORK — The Chinese government is complicating the U.S.-government-ordered sale of U.S. TikTok assets.

The Trump administration has cracked down on popular Chinese apps TikTok and WeChat but has more apps in its sights, White House trade adviser Peter Navarro said on Monday.

It can take up to 30 days to obtain preliminary approval to export the technology

The big-box retailer has given only a vague rationale for why it would want TikTok, but it appears to boil down to its vast audience of young people.

TikTok is in play with the Microsoft- Walmart bid still in the lead

While Microsoft continues to appear to be the top bidder, the company has recently come under scrutiny for its close relationship with China, which Navarro noted as a major difference from competitor Oracle with respect to national security. 

Sources familiar with TikTok’s Chinese parent ByteDance tell FOX Business that while “Microsoft stepped in as a standalone, now it’s not. There’s an honest competition now. [TikTok] bolsters Microsoft’s cloud business but the same could be said for Oracle."

Microsoft's relationship with China has come under scrutiny amid ongoing discussions for the tech conglomerate's potential acquisition of the dance video app TikTok.

General Atlantic and Sequoia Capital, two major investors in TikTok’s Chinese parent company, are maneuvering to be part of a deal to acquire the U.S. operations of the popular video-sharing app as it seeks to avoid a ban by the Trump administration, according to people familiar with the discussions.

TikTok on Monday sued President Trump over his executive order banning transactions in the United States with the popular short-form video-sharing app, calling it a pretext to fuel anti-China rhetoric as he seeks reelection.

When Facebook Inc.

Reuters is reporting exclusively that TikTok is preparing to mount a legal challenge as early as Monday to President Donald Trump’s executive order prohibiting transactions with the popular short video app and its Chinese parent ByteDance

TikTok's vice president said Wednesday that a U.S. purchase of the app would bring "immense" value to American taxpayers.