President Trump on Thursday advanced a deal for a consortium of mostly U.S. investors to take over the hit video app. Trump says software company Oracle will take a major role in the new venture.
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President Trump has announced a deal on TikTok. The president signed an executive order today declaring that a group of American investors are set to take over the app’s U.S. operations. For more on this deal and how it could change TikTok, we’re joined now by NPR’s Bobby Allyn. Hey, Bobby.
BOBBY ALLYN, BYLINE: Hey. What’s