US President Donald Trump said on Tuesday that software giant Oracle Corp is a good company and that could take over popular Chinese-owned social media app TikTok in the United States, Reuters reported.

The comment was made a day after Bloomberg reported that Oracle is weighing a bid to join Microsoft in the race to acquire a part of TikTok.

On Friday, Trump ordered ByteDance, TikTok’s parent company, to divest the US operations of its video-sharing app TikTok within 90 days. In a previous executive order on August 6, US entities were prohibited from doing business with TikTok. The order will take effect in 45 days since the order was signed.

Such stern actions have been taken against TikTok, as Trump has linked it with the issue of national security.

The video-snippet sharing service, launched an online information hub on Monday. In a post titled ‘The Last Sunny Corner of the Internet’, it said, “TikTok has never provided any US user data to the Chinese government, nor would it do so if asked.”

“Any insinuation to the contrary is unfounded and blatantly false,” it added.

As per TikTok, the US data is stored in the country with a backup in Singapore.

Meanwhile, China has slammed the US for using “digital gunboat diplomacy” in the TikTok case, AFP reported.

Chinese foreign ministry spokesman Zhao Lijian on Monday said, TikTok had done everything required by the US, including hiring Americans as its top executives, hosting its servers in the US and making public its source code.

But, the app has been “unable to escape the robbery through trickery undertaken by some people in the US based on bandit logic and political self-interest,” Zhao said at a regular press conference.