Trump Signs Off on Deal Allowing TikTok to Continue U.S. Operations

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Trump signed off on a deal under which TikTok will partner with Oracle and Walmart to become a U.S.-based company

WASHINGTON—President Trump said he has agreed in principal to a deal under which Chinese-owned video-sharing app TikTok will partner with Oracle Corp. and Walmart Inc. to become a U.S.-based company, capping negotiations that have stirred debate over national security and the future of the internet.

 

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Yo, this is insane.

Trump and his abuse of power at it again.

Can we please not give business to Oracle?

Lessons for India when Facebook, Google, etc starts getting Large revenue from Indian users! For now there's very little revenue compared to the investment.

Oh yeah Nice news 👍 Good luck Walmart💐 Love shopping at that store 😍

WE ARE SAVED- BY WALMART!

Both “donated” money to Trump. A lot of money 💰

I understand the concerns about people data but isn't the same issues present in terms of Facebook and Twitter. Governments worldwide have never considered themselves within the law.

WhiteHouse and realDonaldTrump sold us out to China. He promised 100% divestiture. Now a watered down deal where security would still be a concern. Wonder how much got paid in contributions by Ellison?

Now if he could just do the same with another biased,unAmerican, unconstitutional company we all love and hate.tiktok Shadowbanned TwitterisBiased

“In time all Foul things come forth.” Enter Trump & Tik Tok. Frothing at the mouth to be Google/FB/Microsoft he created a flurry to get a piece of the action. The Thief will leave office w/ contacts formerly unimagined & Oracle is his ticket to make a tRump social media co. OMG!

Trump steals another Chinese company - can nobody charge him in court?

Great, because Walmart isn’t a horrible corporate monster at all. What could go wrong?

normative Sounds like Park Av. wins biggly

malenaleIR its poop time

Why is there ANY education Curriculum being developed? AI driven? We should be VERY concerned about this!!! Is this part of Trumps racists history lessons? EdWeekEdTech NPR 1619Project

Yes

What about 5G?

Aha

GOP realDonaldTrump ProjectLincoln Yeah, but did Putin sign off on the deal?

Does this mean trump found a way to line his own pockets?

The USA has become a parody account of USA

Walmart? That’s a surprise.

Just to stop the ban, master stroke by money lusty soft speaking white collar gang. It like marrying a Chinese girl and make her American green card holder. Money is bigger than Mankind.

Makes sense, Walmart loves selling stuff made in China.

Yes thank you Trump for taking care of important things!

Well played

WALMART? I mean...WALMART?

part of campaign?

This “will they won’t they” is getting kind of annoying.

Geez.... Can you please put in your headline “Oracle- The one who threw a $100,000 a head fundraiser for Trump, this year” Thank you

WE ALMOST HAD THEM, NOOOO

$WMT $ORCL are def my moves for Monday

Looks like tiktok will overcome the IndiaChinaFaceOff as it can now claim it's a US based co. Sad for investors who rushed in to fund copycats VaniKola startups TimesNow

normative Why is Trump involved in this at all? Free markets, free speech anyone?

NOOOOO

Per Chinese law, Chinese companies/owners have the legal obligation to cooperate with CCP on national security issues. The algorithm is not owned by the US. Therefore it may be still possible for a foreign org to interfere US internal affairs.

What's going on here?

Larry Ellison got his payoff before Trump left office - Larry hosts $100,000 a head fundraiser and voila - Oracle makes bank - all good correct?

This is a joke it’s not even a real deal. Tik tok was not sold off it’s trump just trying to pass this off as some massive deal where China no longer has ties to tik tok yet now they are just working alongside us companies giving them more chances to steal intel and data

Why is press presenting as normal him acting like a mob boss and giving his blessing for companies to do business in what's supposed to be a capitalist system? Why are you ignoring Oracle CEO giving him huge donation in exchange?

They are one family members of China CCP! Our country has been controlled by the big companies like Sequoia Capital , Oracle , big techs , Wall Street Elites, China CCP is winning again now, it is a joke some one said to be tougher to China CCP! We the people are cheated by plan.

This deal is about selling “us” again. We are the commodity.

Eno_Bening bahas ga nih?

MSM needs to slow the eff down! Trump did not 'sign off' on anything. realDonaldTrump gave a very vague opinion saying he likes Walmart and Oracle and he would like if they could make a deal, but only if national security is maintained.

Fly Walmart Fly $WMT I have calls in both $WMT and $ORCL hehehehe 💰😂🤑💵

MysteryMan_777 This is nothing new. All it means is that he agrees to a deal in principle... so long as his terms are met for ownership etc. It sheds no light on whether Bytedance/China are willing to meet them, hence his qualification ‘if no deal then that’s ok too’

No thank you. Both Oracle and Wal-Mart are notorious for data breaches.

$WMT gap on 150 Monday

LOL WHAT

rip

He can't do anything right can he.

WTF

Under what authority does POTUS sign off on M&A deals?

This is not a deal what POTUS said before. China still holds 36% and what happened to TRUMP concern on national security. Actual it may turn worse now as they can run in US the operations and can be still threaten security.

Trump ‘ making an offer Tik Tok couldn’t refuse’! If this isn’t extortion then mob bosses should be released to carryon business

My indicator gave me a buy signal way ahead of this news. Slide in my dm if you want an invitation to the script!

Soon, all involved will learn the hard way. ETTD.

what

Is TikTok still to be banned for downloading on Sunday ? Sounds ridiculous.

JFYI

Why does he have to sign off in the first place?

A pretty incredible asset we stole.

So i cried for nothing huh🙂

Did you catch that 'donation' to American education? So they're bankrolling Donnie's America-First propaganda classes he floated yesterday?

Does using a social app endorsed by Trump and Walmart give the younger generations social cred? Silly app that will likely go the way of MySpace.

Wal-Mart?

wait so i’m not losing it? it’s staying?

Big W

I wonder how much Trump got paid off?

Is this good for my $ORCL call options?

8000 $ORCL calls bought near closing bell Friday. Yup. Someone always knows.

What about Russia

Barking dog never bites...

Republicans hate government intervention unless of course a campaign contributor benefits.

I don’t know why Trump was trying to shut it down in America he can’t blame TikTok or it’s creators because majority of the people hate him. And shutting it down still wouldn’t make people like him. Trump does and say stupid ass shit that’s why majority of America to like him.

China does to all US companies and has been doing it for decades. US software and video game makers have to give their rights and partner up with likes of Tencent if they want to operate in China. After 20 years somebody is finally holding China to their own standard.

So he saved it from a problem he created because they messed up his rally? Gotcha.

You heard it on Twitter first

Does nothing for me, now does it, no I said stop.

if that headline said HRC signed off on a deal... jfc the wsj editorial board would explode

They are ALL corrupt. All the national security issues magically go away They are blatantly in our face saying we can do whatever we want n people really cant do shyt.

winning

He had no choice legally or viable option to stop us!

“The American people should have a voice in the selection of their next Supreme Court Justice. Therefore, this vacancy should not be filled until we have a new president.” Mitch McConnell, March 2016 SEPTEMBER 19,2020 TRUMP IS THE MOST CORRUPT PRESIDENT IN HISTORY

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