TIKTOK BUYERS TO INCLUDE ORACLE, SILVER LAKE, AND ANDREESSEN

Summary from the TLDR newsletter

US President Donald Trump and Chinese President Xi Jinping are set to discuss a deal where TikTok's US operations would be acquired by a consortium that includes Oracle, Andreessen Horowitz, and Silver Lake. The framework would create a US-based version of the app. ByteDance will license the technology behind its recommendation algorithms. Trump has postponed the deadline for ByteDance to divest TikTok's US operations until December 16 to buy time for the transaction to be completed.