TikTok and Oracle Spar Over Ownership, Threatening Deal

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The potential role of TikTok‘s Chinese owner in a newly created company involving Oracle remains a point of contention despite steps toward an agreement over the weekend

Disagreement between TikTok and its new U.S. partner spilled into the open, with dueling messages between Oracle Corp. and the Chinese-owned video app operator over the planned ownership structure for the new U.S.-based version of the company.

The squabble raises fresh questions about the fragility of a deal that President Trump signed off on in principle over the weekend and seemed to save the popular video-sharing app from extinction in the U.S.

 

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Trump winning all around. Amazing.

“The Wall Street Journal's Trump problem” & “Dozens have left the paper in the past year and interviews with current and ex-staffers show outrage over pressure from management to normalize Trump”

It's like Germans stealing properties from Jews in 1930s.

if you let to American companies rob foreign you can't say you have free market or democracy. you rather have medieval colonial empire

It’s cool our President will just take the company from you

China will not approve the deal short $ORCL

good

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President Trump says he approved TikTok deal with Walmart, Oracle in 'concept'NEW: President Trump says he's approved a TikTok deal with Walmart and Oracle, calling it a 'great deal for America.' Trump 2020🇺🇲 Trump 2024 Trump 2028 Trump Infinity Trumpisum till end of stupid libarals. 🤣😅🤣🤣🤣🤣😂 Terrible deal. What does walmart have to do with tech like this. Facebook would be waaaaaaaay better. Nothing like approving a huge business deal for a source of major political contributions to you and your party right be fore an election
Source: ABC - 🏆 471. / 51 Read more »