China

Donald Trump says he’ll cancel TikTok Oracle deal if ByteDance tries to keep control



President Donald Trump said he might rescind his tentative blessing for a deal between Oracle and ByteDance to create a new US-based TikTok service, casting doubt on the agreement as Chinese state media signalled reluctance in Beijing.Speaking in an interview on Fox News on Monday, Trump said he wouldn’t approve the deal if the Chinese company retains control of TikTok. However, he also indicated that he expected Chinese influence to be diluted by a future public offering of the new company…



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.