The TikTok sale saga reached an apparent conclusion over the weekend when US President Donald Trump approved a deal. But the harmony was short-lived.
Browsing: Doug McMillon
Doubts emerged on Monday about Oracle’s deal to take over TikTok as US President Donald Trump said he may still renege on his approval and the Chinese government signalled reluctance.
ByteDance has emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict US President Donald Trump’s statements about how the new entity will be directed by Americans.
US President Donald Trump told Oracle’s Larry Ellison and Walmart’s Doug McMillon that he still wants the government to receive a payment as part of a deal for the US operations of TikTok.