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Donald Trump Gives ‘Blessing’ to TikTok Deal with Wal-Mart and Oracle


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donald-trump-gives-blessing-to-tiktok-deal-with-wal-mart-and-oracle
Breitbart

President Donald Trump on Saturday confirmed that he had given his “blessing” to the deal forming between Oracle and Wal-Mart with TikTok to secure the app partially owned by China in the United States.

“I have given the deal my blessing,” Trump told reporters as he left the White House for a rally in North Carolina. “If they get it done, that’s great. If they don’t, that’s ok too, but it’s a great deal for America.”

 

The president said that the companies would build separate computing clouds for American data and provide “very, very powerful security.”

“It will be continued to be named TikTok,” he said.

The deal is not finalized yet, but Oracle is expected to become the app’s cloud provider for American data and receive a 12.5 percent stake in the company.:snip:

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