Friday, 24 March, 2023

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

<p>US President Donald Trump questioned ByteDance&rsquo;s plan to hold a majority stake in TikTok and said he didn&rsquo;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 &ldquo;failed to meet the intent of the president&rsquo;s executive orders&rdquo;. 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.</p>