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  TikTok: Trump questions Oracle deal if ByteDance keeps stake

  

  theguardian.com

  President warns any agreement to continue operating in US must be ‘100% as far as national security is concerned’Donald Trump has questioned plans by the Chinese tech firm ByteDance to keep a majority stake in TikTok’s US operations as part of a “trusted technology deal” with Oracle.“Conceptually I can tell you that I don’t like that,” Trump told a news conference when asked about a reported proposal to give Oracle only a minority share. “I’m not prepared to sign off on anything. They’re going to be reporting to me tomorrow morning and I’ll let you know.” Continue reading...

  donald trump technology tiktok trump administration us news us politics

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  Sources: Oracle and Walmart are still pursuing a stake in TikTok US, as ByteDance banks on Trump backing off requiring a full sale of TikTok US to avoid a ban (Alex Sherman/CNBC)

  

  techmeme.com

  Alex Sherman / CNBC: Sources: Oracle and Walmart are still pursuing a stake in TikTok US,...

  Alex Sherman / CNBC: Sources: Oracle and Walmart are still pursuing a stake in TikTok US, as ByteDance banks on Trump backing off requiring a full sale of TikTok US to avoid a ban  —  - TikTok is banking on President Trump backing off comments that a full sale of U.S. operations is needed to avoid an American ban.

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