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
TikTok ban

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

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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