Trump backs proposed TikTok deal with Oracle, Walmart

Entertainment

FILE – This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. Amazon has told employees to delete the popular video app TikTok from phones on which they use Amazon email, citing security risks from the China-owned app, according to reports and posts by Twitter users who said they were Amazon employees. The notice said employees must delete the app by Friday to keep access to Amazon email. Workers would still be allowed to use TikTok from an Amazon laptop browser. (AP Photo/File)

WASHINGTON (AP) — 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.


LATEST HEADLINES:

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending stories