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TikTok sale to Oracle scrapped by ByteDance after Donald Trump left White House – NEWS.com.au
TikTok sale to Oracle scrapped by ByteDance after Donald Trump left White House
TikToks Chinese parent company has scrapped its plans to sell the video-sharing apps US operations, according to a new report.Beijing-based tech giant ByteDance has shelved its proposed deal with American firms Oracle and Walmart now that former president Donald Trump is out of office, the South China Morning Post reported on Sunday.
Mr Trump’s departure from the White House took away the impetus for the deal given that he was the one who threatened to ban TikTok in the US unless ByteDance sold…
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