You are here: Home » International » News » Companies
Business Standard

Trump raises questions about TikTok-Oracle deal if ByteDance ties remain

Trump had previously threatened to ban the app unless its US operations were sold to a US company and the US government received a share of the proceeds

TikTok | Donald Trump | Oracle

Reuters  |  WASHINGTON 

US President Donald Trump raised questions on Wednesday about plans by China's ByteDance to keep a majority stake in the US operations of popular social media platform TikTok after six Republican lawmakers urged him to reject the proposal. Trump said he would be briefed on Thursday about a proposal that calls for Oracle Corp to become a "trusted technology provider" for TikTok's US operations, but he did not favor the idea of having the Chinese firm retain control. Senator Marco Rubio and five other Republican senators on Wednesday urged the administration to ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, September 17 2020. 06:38 IST