Donald Trump has now approved in principle US company Oracle’s bid to buy TikTok, circumventing his national security concerns. Photo: Reuters Donald Trump has now approved in principle US company Oracle’s bid to buy TikTok, circumventing his national security concerns. Photo: Reuters
Donald Trump has now approved in principle US company Oracle’s bid to buy TikTok, circumventing his national security concerns. Photo: Reuters

Explainer |
Here’s what you need to know about Oracle’s deal to buy TikTok in the US from China’s ByteDance

  • Donald Trump said he supports the deal agreed between Oracle and ByteDance over TikTok’s US operations in principle
  • TikTok will be owned by a new company called TikTok Global and be headquartered in the US

Topic |   TikTok ban
Donald Trump has now approved in principle US company Oracle’s bid to buy TikTok, circumventing his national security concerns. Photo: Reuters Donald Trump has now approved in principle US company Oracle’s bid to buy TikTok, circumventing his national security concerns. Photo: Reuters
Donald Trump has now approved in principle US company Oracle’s bid to buy TikTok, circumventing his national security concerns. Photo: Reuters
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