High Tech > Oracle

Trump claims to have a deal in concept with Oracle, Walmart, and TikTok

1 month ago   |   By Phone Arena

That this afternoon, U.S. President Donald Trump told reporters gathering to see him off to a campaign rally, that he has approved "in concept" Oracle's bid for the U.S. operations of TikTok. The short-form video app, owned by China's ByteDance, has been accused by the Trump administration of being a national security threat because it could pass along personal data from U.S. customers to the Communist Chinese government in Beijing. Trump signed an executive order that forced ByteDance to divest itself of TikTok's U.S. operations this coming Monday, September 21stTrump says he ...
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TikTok not shutting down tomorrow afterall

TikTok not shutting down tomorrow afterall

1 month ago   |   By WMPoweruser

Yesterday we reported that TikTok and WeChat will be shuttered in USA tomorrow based on an executive order from President Donald Trump. As has become traditional, that news was just another twist in the TikTok saga, with Reuters reporting today that President Trump has approved the deal between ByteDance, Oracle and Walmart which was designed...
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President Trump reportedly has approved the Oracle deal for TikTok's US operations

1 month ago   |   By TechCrunch

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a report from Bloomberg .
According to the Bloomberg report Trump said, “I have given the deal my blessing,” as he left the White House for a campaign rally in North Carolina on Saturday.
“I approved the deal in concept,” Trump reportedly said.
The spinout of TikTok's U.S. operations from its parent company Bytedance was something that Trump administration had demanded on the grounds that the company's data...
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President Trump says he approves of Oracle's bid for TikTok ‘in concept'

President Trump says he approves of Oracle's bid for TikTok ‘in concept'

1 month ago   |   By The Verge

Photo by Ethan Miller / Getty Images
President Trump says he has approved “in concept” Oracle's bid for TikTok, less than a day before a de facto ban he threatened in August was set to go into effect.
“I have given the deal my blessing,” Trump said to reporters outside the White House Saturday as he departed for a rally in North Carolina. “I approved the deal in concept.”
On Friday, the Commerce Department issued an order to block transactions with both TikTok parent company ByteDance and WeChat, effective September 20th. The order is set to go into effect on November 12th for TikTok...
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