TikTok 's long, winding saga of dealing with a potential ban in the United States appears to be advancing toward a resolution.
The Wall Street Journal reported on Tuesday that U.S. buyers and TikTok were working toward "finalizing" a framework for a deal in which a U.S. entity would own an 80 percent stake in the company while Chinese shareholders would own the rest. The story also revealed that the potential buyers were Oracle, Silver Lake, and Andreessen Horowitz.
Oracle, a software and cloud giant, has long been connected to TikTok as a potential purchaser. Silver Lake and Andreessen Horowitz (a16z) are both huge names in tech investing. It's worth noting that the companies and their leaders have connections with the Trump administration, which has obviously been closely involv