Jump to content

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


Recommended Posts


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:

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 1713415765
  • Create New...