Oracle-TikTok deal: Trump not in favour of Chinese firm retaining control

US President Donald Trump questioned ByteDance’s plan to hold a majority stake in TikTok and said he didn’t favour the idea of a Chinese firm retain control. Six Republican senators urged him to reject the deal as long as it was tied to ByteDance, as it “failed to meet the intent of the president’s executive orders”. While Trump fears that TikTok could threaten national security, he may not want to alienate 100M American TikTok users ahead of the Nov 3 elections.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s