Earlier quoted context omitted.
I actually liked the Trump method, which was to force them to sell the US arm to a US company and sever it from the Chinese. I don't know why that never came to fruition; it looked like it was nearly a done deal (Microsoft was the leading bidder.) Making a competitor from scratch would just open up the userbase to another state actor, though it could give a window for a Vine return.
Except that this story reveals the obvious reason this wouldn't work. How do you reliably keep that US "arm" from being co-opted? How do you make sure that the software isn't phoning home to China regardless of what the US arm does? Oracle and Walmart reportedly at that time brokered a deal to run the US arm of TikTok. Do you trust them? Walmart certainly isn't politically neutral, by any stretch. Meanwhile, Larry El…
https://www.oracle.com/industries/government/us-defense/
Larry Ellison defecting to China doesn't seem like a likely scenario, I don't think he'd like life as an international fugitive, slave to a host with a history of treating their own native billionaires harshly. Barring such a flight, the US Government can get their hands on him if that becomes necessary, but I doubt it will.