According to Bloomberg, Oracle's involvement would entail providing security guarantees and taking a minority stake in a newly formed American entity, all while potentially leaving TikTok's prized algorithm under Chinese ownership.

President Trump has extended the deadline for a TikTok deal — and pushed the bidding war for the social media app into overdrive. The president is known for his dealmaking and he is enjoying the jockeying, sources told me. “Trump is the ultimate decision maker,” a source close to Trump said. “He just extended the deal. All bids are on the table.”

Cryptocurrency foundation Hbar and Zoop, a startup led by Tim Stokely, the co-founder of OnlyFans, submitted a plan to buy TikTok to the White House, according to USA Today.

TikTok's deadline to sell or divest its Chinese-owned assets is April 5th. Here's what we know about who wants to acquire it — and what could happen

Critics have pushed back on the deal on both free speech and free market grounds. Polling puts TikTok’s American user base at approximately one-third of all adults and two-thirds of all teens; TikTok itself has claimed that about half the U.S. population uses the app.

Companies such as Amazon, Microsoft and Oracle have emerged as the potential buyers of TikTok, which must be sold to an American company or face a ban in the U.S.

Security Checkup is TikTok’s latest security feature, acting as a centralized hub for managing account security settings. Instead of digging through different menus, users can now quickly review and adjust their login details, authentication methods, and active devices in one dashboard.

Trump said his EO will give TikTok's Chinese parent company another 75 days to sell its stake in the social media app or else be banned in the U.S.

TikTok just got another deadline extension from the Trump administration as Walmart teams up with Oracle to try and lock down a dea

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