Several current US-based investors in TikTok’s Chinese parent ByteDance are reportedly looking to join Larry Ellison’s Oracle in a potential deal for the video-sharing app to soothe national security concerns –and avoid the looming ban.

NEW YORK (Reuters) -White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short video app's U.

Deep-pocketed investors are growing wary of plowing money into the Trump-backed proposal for US ownership of TikTok because of possible massive civil liabilities from a likely flood of lawsuits over the deal,