Washington: US President Donald Trump said that he teamed up with Walmart and Oracle to decide on China’s video-sharing social networking service TikTok Have a conversation.
Last month, Trump signed an executive order banning TicketLock and WeChat, under which both Chinese companies could avoid the ban by giving ownership to an American company. Tiktok is currently owned by ByteDance in Beijing.
Microsoft was initially involved in negotiations with TickTalk, although now Oracle and Walmart are negotiating with ByteDance in this regard. “We’re making a decision,” Trump told reporters at the White House. We talked to Walmart, Oracle today, I think Microsoft is still involved. We will decide. But not much has changed. We will decide soon. “
Meanwhile, US lawmaker Ted Cruz, who is also a member of parliament’s foreign relations and judiciary committees, has written a letter to Finance Minister Steven Mnuchin, expressing concern that the Oracle-Ticketock deal would allow the American public to become the Communist Party of China And it ignores America’s security concerns. In fact, according to media reports, other companies interested in purchasing Ticketock felt that they were unable to address national security concerns under the terms of the Chinese government.
