Trump says ByteDance can’t keep control of TikTok in Oracle deal
'It’s going to be controlled, totally controlled by Oracle, and I guess they’re going public and they’re buying out the rest of it -- they’re buying out a lot, and if we find that they don’t have total control then we’re not going to approve the deal,' Trump said
President Donald Trump said he would rescind his tentative blessing for a deal between Oracle Corp. and ByteDance to create a new US-based TikTok service if the Chinese company retains control of the operation.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more