TikTok: Trump questions Oracle deal if ByteDance keeps stake
President warns any agreement to continue operating in US must be ‘100% as far as national security is concerned’
Donald Trump has questioned plans by the Chinese tech firm ByteDance to keep a majority stake in TikTok’s US operations as part of a “trusted technology deal” with Oracle.
“Conceptually I can tell you that I don’t like that,” Trump told a news conference when asked about a reported proposal to give Oracle only a minority share. “I’m not prepared to sign off on anything. They’re going to be reporting to me tomorrow morning and I’ll let you know.”Continue reading...