TikTok deal stalled by China's objections to tariffs, Trump says [Fortune]
Oracle Corporation (ORCL)
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Source: Fortune
“We had a deal pretty much for TikTok—not a deal but pretty close—and then China changed the deal because of tariffs,” Trump told reporters on Air Force One as he returned to Washington after a long weekend in Florida. “If I gave a little cut in tariffs they would have approved that deal in 15 minutes, which shows the power of tariffs.” Trump administration officials, including Vice President JD Vance and national security advisor Mike Waltz, have been working on an agreement to sell the popular social media app, owned by ByteDance Ltd., to an American buyer, as required by a bipartisan law enacted in 2024. But China also needs to sign off on the plan. Before Trump announced widespread tariffs on Wednesday, a deal was reportedly close, advanced by a consortium of U.S. investors including Oracle Corp., Blackstone Inc. and venture capital firm Andreessen Horowitz. But that agreement was not publicly announced, and according to Trump, China's objections impeded a pact. The Washi
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- Oracle Corp Leads Harbor Capital Appreciation Fund's Strategic Moves in Q4 2025 [Yahoo! Finance]Yahoo! Finance
- TikTok signs new US joint venture [Yahoo! Finance]Yahoo! Finance
- ByteDance on track for $50 billion profit in 2025, Bloomberg reports [Yahoo! Finance]Yahoo! Finance
- Oracle: Growth Looks Impressive, But OpenAI Dependency Raises Red Flags [Seeking Alpha]Seeking Alpha
- Oracle Q2 Earnings: Don't Catch The Falling Knife [Seeking Alpha]Seeking Alpha
ORCL
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- 12/10/25 - Beat
ORCL
Sec Filings
- 12/19/25 - Form 144
- 12/11/25 - Form 10-Q
- 12/10/25 - Form 8-K
- ORCL's page on the SEC website