Authorization

Trump says he's given his 'blessing' to a proposed TikTok deal with Oracle and Walmart

Trump says he's given his 'blessing' to a proposed TikTok deal with Oracle and Walmart

President Donald Trump speaks to the media on the South Lawn of the White House in Washington, before his departure on campaign travel to Fayetteville, North Carolina, U.S., September 19, 2020.
Reuters/Yuri Gripas




President Donald Trump said Saturday he had approved "in concept" a deal between Oracle and Walmart for TikTok's US operations.




The details of the deal remain hazy, but Trump said he believed the deal had addressed his national security concerns.




"I have given the deal my blessing," Trump told reporters. "If they get it done that's great, if they don't that's fine too."




Visit Business Insider's homepage for more stories.


President Donald Trump said Saturday he "approves a deal in concept" that will allow TikTok to continue to operate in the United States under a deal with Oracle and Walmart."I have given the deal my blessing," Trump told reporters at the White House. "If they get it done that's great, if they don't that's fine too."He added that he believed the deal had addressed US national security concerns. In August, Trump signed an executive order accusing the app of harming the country's national security and demanding it be sold to a US company or have its American operations shut down.The US Department of Commerce announced Friday that as of September 20, new TikTok downloads and software updates would be banned, and the app would be banned completely on November 12 unless a deal was reached.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Октябрь 2020    »
ПнВтСрЧтПтСбВс
 1234
567891011
12131415161718
19202122232425
262728293031