The Trump administration’s hardline stance against China imperils TikTok owner ByteDance’s efforts to strike a deal with Oracle Corp and keep its short video-sharing service operating in the US. Photo: ZUMA Wire/DPA
The Trump administration’s hardline stance against China imperils TikTok owner ByteDance’s efforts to strike a deal with Oracle Corp and keep its short video-sharing service operating in the US. Photo: ZUMA Wire/DPA
TikTok ban

Trump’s anti-China ‘posturing’ puts TikTok-Oracle deal in limbo, analysts say

  • While Trump wanted an outright sale of TikTok’s US business, Oracle agreed to become a ‘trusted technology provider’ and let ByteDance keep majority ownership
  • The stakes are high for the Trump administration because of the potential impact TikTok’s mostly young user base could have on the US presidential election in November

The Trump administration’s hardline stance against China imperils TikTok owner ByteDance’s efforts to strike a deal with Oracle Corp and keep its short video-sharing service operating in the US. Photo: ZUMA Wire/DPA
The Trump administration’s hardline stance against China imperils TikTok owner ByteDance’s efforts to strike a deal with Oracle Corp and keep its short video-sharing service operating in the US. Photo: ZUMA Wire/DPA
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