Speaking to reporters as he left for a rally in North Carolina, the president said he had approved the deal "in concept." TikTok is on its way to getting a reprieve. President Donald Trump on Saturday...
Trump Approves TikTok Deal With Oracle and Walmart
ByteDance's deal with Oracle and Walmart has received President Trump's blessings meaning that TikTok could continue to operate in the U.S. While the Trump administration wanted ByteDance's complete divestment of the social media app, the current plan doesn't account for that. The Commerce Department says it is postponing the upcoming TikTok ban originally scheduled for Sept. 20 by a week to let the deal pass. Read up on the latest TikTok developments.
Oracle said it will take a 12.5% stake in the new TikTok Global, a U.S.-based entity formed from the Trump administration’s demand that ByteDance, …
The U.S. government delayed a ban on TikTok that would have forced Apple Inc. and Google to pull the video app from their U.S. app stores. “In light …
NINGBO, China (Reuters) - TikTok owner Bytedance said in a social media post on Sunday that it was the first time it had heard in the news it was setting up a $5 billion education fund in the United States....
President Trump has approved a plan for Oracle to process TikTok's U.S. data and take a minority stake in the company. But the announcement was short …
Well… that was pointless. After debasing the idea of free commerce in the U.S in the name of a misplaced security concern, stringing along several multi-billion dollar companies that embarrassed themselves...
Although the clock is ticking, pardon the pun, TikTok is not going down without a fight. Per Bloomberg and Reuters, the video-sharing app and its …
(CNN Business) — President Trump said Wednesday he was "not going to be happy" if the viral video app TikTok continues to be majority-owned by ByteDance, its Chinese parent company. The US government currently...
Read More About Trump's Battle With TikTok
The Trump administration's efforts to ban Bytedance's TikTok from the U.S.