President Donald Trump said he’s open to billionaire friends Elon Musk or Larry Ellison buying TikTok as part of a joint venture meant to save the app from a ban.
President Donald Trump says he’d be open to his buddies Elon Musk or Larry Ellison buying TikTok. “Larry, let’s negotiate in front of the media,” Trump said at a press conference with the Oracle co-founder, SoftBank CEO Masa Son, and OpenAI CEO Sam Altman to announce a $500 billion artificial intelligence infrastructure investment. “What I’m thinking about saying to somebody is, buy it, and give half to the United States of America. Half, and we’ll give you the permit.
Trump signed an executive order on Monday instructing his administration not to enforce the law on service providers covered by the forced divestiture bill — which include Oracle, Apple, and Google — for 75 days. But legal experts say the action provides hardly any legal cover for those companies to violate federal law and risk $850 billion in penalties.
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