TikTok Buyers Group to Include Oracle, Silver Lake, Andreessen

<p>Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.<br />TikTok&rsquo;s American operations would be acquired by an investor consortium that includes Oracle Corp., Andreessen Horowitz and private equity firm Silver Lake Management LLC under a framework deal that US President&nbsp;Donald Trump&nbsp;is set to discuss with Chinese President&nbsp;Xi Jinping&nbsp;later this week.&nbsp;<br />The tentative agreement, unveiled on Monday by senior US and Chinese officials after two days of talks in Madrid, would create a US-based version of the popular social media app with Oracle, Andreessen and Silver Lake all holding stakes in the new venture, according to people familiar with the matter.&nbsp;<br />Under the deal, ByteDance Ltd.&rsquo;s stake in TikTok would be reduced to below 20% to satisfy a US national security law passed in 2024 requiring the Beijing-based company to divest or face a ban in the American market. If completed, with the blessing of Trump and Xi, the transaction would allow the video-sharing platform to keep operating in the US and remove a sticking point in US-China relations.&nbsp;<br />The deal calls for Oracle to continue providing cloud services for TikTok in the US, a business that has become a steady source of revenue for the Austin-based company. Oracle already works with TikTok to host user data in the US and other countries as part of a multi-billion-dollar partnership TikTok has dubbed Project Texas.<br />Today's show features:</p> <ul> <li>Bloomberg Businessweek Editor Brad Stone on TikTok's potential buyers and the evolution of social media platforms</li> <li>Katy Kaminsky, Chief Research Strategist and Portfolio Manager with AlphaSimplex Group, on the rates market and the Federal Reserve</li> <li>Adaire Fox-Martin, President and CEO of Equinix, on investing in American infrastructure</li> <li>Alli McCartney, Managing Director, Wealth Management and Private Wealth Advisor with Alignment Partners at UBS</li> </ul><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>