0724 GMT - The White House could announce the outline of a deal as the deadline for TikTok to find a non-Chinese buyer approaches this week, Wedbush analysts say in a research note. Wedbush views TikTok "as one of the biggest and first chips on the poker table around US/China relations." With tariff announcements slated for Wednesday, the TikTok situation must be carefully handled by the Trump administration to keep a friendly U.S.-China tone heading into a potential meeting likely in June, they say. The analysts think Oracle may be the potential buyer as it is already TikTok's primary cloud provider. TikTok's algorithm will likely be kept under ByteDance but Oracle will be a linchpin to safeguarding U.S. consumer data on TikTok, Wedbush adds. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
April 02, 2025 03:24 ET (07:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。