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Trump Calls Oracle a Good Company, Says it Could Take Over TikTok in the US

Trump Calls Oracle a Good Company, Says it Could Take Over TikTok in the US

U.S. President Donald Trump said on Tuesday that Oracle Corp is a good company and could take over popular Chineseowned social media app TikTok in the United States, after he issued an order mandating its sale in 90 days.

(This 18th August story has been refiled to fix headline)

WASHINGTON U.S. President Donald Trump said on Tuesday that Oracle Corp is a good company and could take over popular Chinese-owned social media app TikTok in the United States, after he issued an order mandating its sale in 90 days.

The remarks came after Oracle joined some of the investors of TikTok’s Chinese owner, ByteDance, in pursuing a bid for the short-video app’s operations in North America, Australia and New Zealand, Reuters reported.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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  • First Published: August 19, 2020, 9:40 PM IST
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