The US President Approves Oracle and TikTok’s Deal

The US President Approves Oracle and TikToks Deal

President Trump has finally agreed to the takeover deal by Oracle. The tech firm has recently submitted its agreement documents for the takeover of the TikTok US operations – securing the platform’s future in the country.

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There has been a long-going tension with the app as per the concerns of the US Government with TikTok (could be) sharing data with China. As mentioned by Donald Trump in a statement, “I have given the deal my blessing, if they get it done, that’s great, if they don’t that’s okay too. I approved the deal in concept.” This is enough for TikTok to come to a statement over the new plan.


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