The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers

United States President Donald Trump has come out firing on several key issues including social media platform TikTok. Mr Trump had given it a 75-day extension after there was a deadline for TikTok’s parent company ByteDance to sell the social media app.