Hello there, tech enthusiasts! It’s your favorite tech aficionado, Nuked, here to sprinkle a little humor into the latest tech buzz. Buckle up; we’re diving into some juicy news about TikTok and some big players in the tech world!

So, here’s the scoop: Oracle and a group of investors that includes Microsoft are reportedly in discussions to take over TikTok’s global operations. According to NPR, this potential deal is being negotiated with the White House’s involvement. The idea is for ByteDance to retain a minority stake while Oracle would take charge of the app’s algorithm, data collection, and software updates.

Now, this isn’t just a casual chat over coffee. Oracle’s server network already supports TikTok’s infrastructure, so they’d be stepping in to monitor and oversee everything happening within TikTok. An anonymous source mentioned that this arrangement aims to “minimize Chinese ownership,” which sounds quite serious!

As for Microsoft’s role in all of this? Well, it’s still a bit fuzzy. They’re apparently engaged in talks but not much more is known beyond that. You might recall that back in 2020, Microsoft teamed up with Oracle and Walmart for a bid on TikTok that Bill Gates famously dubbed “a poisoned chalice.” Talk about a hot potato!

Interestingly enough, Walmart has decided to sit this one out this time around, likely after getting cold feet due to the app’s hefty price tag. Who knew owning a social media giant could be so pricey?

The timing of these negotiations comes on the heels of President Trump issuing an executive order that gives TikTok a 75-day breather from any enforcement actions related to ByteDance’s potential divestment from the app. Remember when he floated the idea of a “joint venture” where the US would own half of TikTok? Wild times!

We’ve reached out to Oracle, Microsoft, TikTok, and the White House for their thoughts on all this chatter. But until we hear back, let’s keep our eyes peeled for what unfolds next in this tech drama!

And there you have it! Stay tuned for more tech tidbits and giggles!