Trump backs proposed TikTok deal with Oracle, Walmart

WASHINGTON -- U.S. President Donald Trump said Saturday he's given his "blessing" to a proposed deal between Oracle and Walmart for the U.S. operations of TikTok, the Chinese-owned app he's targeted for national security and data privacy concerns.

Trump said the proposed deal will result in a new company likely to be based in Texas and under the control of U.S.-based Oracle and Walmart. "I have given the deal my blessing," he said. "If they get it done, that's great. If they don't, that's OK too." Trump has been targeting TikTok, a video app popular with younger people, as well as WeChat, another Chinese-owned app. The dispute over the two apps is the latest flashpoint in the rising tensions between the world's two largest economies.The U.S. Commerce Department plans to restrict access to TikTok and WeChat on Sept. 20 as the Trump administration's executive orders against the two apps are set to take effect.

A good precedent for China to take over Microsoft etc.

So trump offered Walmart a deal and thats why they are stopping the price matching in Canada but not the US.

Walmart and Oracle Any American with TikTok will have to fear from the US gov't exactly what they are accusing China of.

What could go wrong? Everything.

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The question is which Trump shell company owns uuge shares in either/both?

That’s interesting garbage. I just read that tic toc is banned in the US soon. More MSM lies.

Interesting pivot for Oracle and Walmart

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