ByteDance says China will have to approve its U.S. TikTok deal

BEIJING - China will need to approve ByteDance’s proposed deal with Oracle Corp for its TikTok app, the Chinese company said on Thursday, indicating how its bid to stave off a ban in the United States could be further complicated.Oracle has submitted a proposal to the Trump administration that will allow it to become a technology partner in the TikTok app, as ByteDance hopes to head off a Trump order that it divest TikTok’s U.S. operations.But U.S.

An outright sale of TikTok’s operations or technologies was not included in ByteDance’s proposal to the United States, Chinese state media reported on Thursday citing a separate statement from the company.When asked about ByteDance’s comments regarding the need for China’s approval, the foreign ministry on Thursday urged the United States to respect the principles of the market economy and fair competition, and to stop politicising normal economic and trade cooperation.

Reuters has reported that the Oracle deal would not require ByteDance to apply to Chinese authorities for an export licence for TikTok’s algorithm.

used to be popular with children..

Well ByteDance is China.....

As a Chinese, have to say, ban it! Now! It is nothing but pure poison.

Como se ve la total independencia de las empresas, HastaCuando los comunistas e izquierdistas en el Mundo? sos help realDonaldTrump StateDept WhiteHouse

after saying they were completely independent of the chinese government 🤔

Can we just ban this stupid app?

More games....wait, does this mean China 'is' actually behind TikTok and all other Chinese companies. So the security concern is not fake?!!! OMG

Just ban the shitty app & be done with it.

Now Why would the Chinese Communist Party have to approve the sale of a private company it claims has no ties to the government? 🤔

teens also will have to approve

Can we just ban TikTok and move on

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