Oracle and Silver Lake part of TikTok investor group as Trump extends deal deadline
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. President Donald Trump on Tuesday extended the deadline for ByteDance to divest TikTok's U.S. business, which will be owned by an investor consortium that includes Oracle and Silver Lake, CNBC's David Faber reported. It's the fourth time Trump has extended the deadline. The extension, as described in an executive order, precludes the Department of Justice from enforcing a nat