Oracle And Walmart To Acquire 20% Stake In TikTok, Trump Gives His ‘Blessing’

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Oracle And Walmart To Acquire 20% Stake In TikTok, Trump Gives His ‘Blessing’
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The deal is yet to be formally approved by U.S. regulators and faces opposition from Republican legislators.

to Trump asking him to reject any deal that would allow “China-based or controlled entities to retain, control or modify the code or algorithms that operate any U.S.-based version of TikTok.”Friday it will remove TikTok from the App Store and the Google Play store on Sunday, the most aggressive action to date against the Chinese-owned company. It is unclear if that will still happen as a deal comes together.

I am a Breaking News Reporter at Forbes, with a focus on covering important tech policy and business news. Graduated from Columbia University with an MA in Business andI am a Breaking News Reporter at Forbes, with a focus on covering important tech policy and business news. Graduated from Columbia University with an MA in Business and Economics Journalism in 2019. Worked as a journalist in New Delhi, India from 2014 to 2018.

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