• TikTok's Chinese owner says Oracle deal in limbo as Trump ‘not prepared to sign off on anything'

    7 days ago - By RT

    The fate of US operations of Chinese video app TikTok is still uncertain as both the White House and the owner of the platform, ByteDance, say that no final agreement has been reached so far.
    The Chinese company said on Thursday that the arrangement with US tech giant Oracle still requires the official approval by both Chinese and US authorities.
    “We are indeed discussing a cooperation plan with some companies to address US govt's concerns over the security of US users' data. The plan does not involve the sale of business and technology, and a final deal has not been signed yet,” ByteDance...
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