Editing Oracle Corporation (section)

=== U.S. TikTok's operations ===
On September 13, 2020, [[Bloomberg News]] reported that Oracle won a bidding war with other U.S.-based companies to take over social media company TikTok's operations in the United States following the company's pressure to forcibly be shut down by the [[First presidency of Donald Trump|Trump administration]]. Oracle was described as a "trusted tech partner" by [[TikTok]], suggesting the deal may not be as structured as an outright sale.<ref>{{cite web |date=2020-09-13 |title= Oracle Wins Deal for TikTok's U.S. Operations |url=https://www.bloomberg.com/news/articles/2020-09-13/oracle-is-said-to-gain-advantage-in-deal-for-tiktok-in-u-s |url-access=subscription |first1=Shelly |last1=Banjo |first2=Dina |last2=Bass |first3=Saleha |last3=Mohsin |access-date=2020-09-14 |website=Bloomberg }}</ref> On September 19, 2020, the Trump administration approved of the sale of TikTok's US operations to Oracle "[delaying] — by one week — restrictions that were originally to take effect" on September 20 as indicated by the [[United States Department of Commerce]].<ref>{{cite news |date=2020-09-19 |title=Trump says he has approved a deal for purchase of TikTok |url=https://www.cnn.com/2020/09/19/tech/donald-trump-tiktok-deal-approval/index.html |access-date=2020-09-19 |website=CNN |first1=Brian |last1=Fung }}</ref>

On February 10, 2021, The Wall Street Journal reported, citing a source familiar with the matter, the [[Biden administration]] would be backing off from banning TikTok and shelving the sale of TikTok indefinitely, as the U.S. Commerce Department began reviewing whether or not Trump's claims about TikTok can justify the attempts to ban it.<ref>{{cite web |date=2021-02-10 |title=Biden backs off on TikTok ban in review of Trump China moves |url=https://apnews.com/article/donald-trump-jen-psaki-ca5e68d8b23cb26a0e964b3ea5fe826d |first1=Tali |last1=Arbel |first2=Matt |last2=O'Brien |access-date=2021-02-11 |website=AP NEWS}}</ref>
On February 27, 2023, Biden changed his "indefinite" stance on TikTok as he echoed Trump's 2020 claims of disapproval. Biden said Federal agencies have thirty days to remove TikTok from all federal devices. Federal contractors must meet the same standard in ninety days. On March 8, 2024, Biden said he would sign a bipartisan bill banning TikTok in the United States if the Chinese company ByteDance didn't divest.