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Time to exhale TikTokers – it looks like a deal to sell TikTok’s U.S. operations to Oracle is in the making. As you might recall, President Trump has threatened to ban TikTok over its reported affiliation with the Chinese government.

Details of the deal with Oracle haven’t been announced, but it comes in the nick of time as the President had threatened to ban the company if it couldn’t find a buyer by tomorrow.

The social media platform’s parent company, ByteDance, rejected an offer from Microsoft to take over TikTok’s stateside operations.

Click here to read the full article.

Source: Quartz