President Donald Trump said Saturday he has approved in principle a deal in which Oracle and Walmart would partner with the viral video-sharing app TikTok in the U.S., allowing the popular app to avoid a shutdown.
“I have given the deal my blessing — if they get it done that’s great, if they don’t that’s okay too,” Trump told reporters. “I approved the deal in concept.”
Add Tik Tok and Oracle to the list of companies including MyPillow and Goya who may receive special treatment after publicly backing Trump. https://t.co/d3crJnTgEt
— Citizens for Ethics (@CREWcrew) September 19, 2020
#BREAKING: President Trump says they'll "make a decision soon" about a U.S. entity potentially taking over Tik Tok from Chinese parent company ByteDance —saying they've talked to Walmart and Oracle.
— Jennifer Franco (@jennfranconews) September 17, 2020