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Trump is open to Elon Musk or Larry Ellison buying TikTok
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President Trump said he is open to Elon Musk or Oracle Chairman Larry Ellison buying TikTok as part of a joint venture with the US government.
“I have the right to make a deal,” Trump said. “So 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, and they’ll have a great partner.”
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China’s Foreign Ministry said on Monday that it was up to the individual companies to make decisions about their operations or acquisitions.
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Some investors such as Shark Tank investor Kevin O’Leary and billionaire Frank McCourt have already expressed intentions to buy TikTok. O’Leary said he’d be happy to buy the app without its coveted algorithm.