The Trump-Toktak deal will not compromise national security

US President Donald Trump has said he is monitoring the bid by US company Oracle for the US-owned video-sharing app TickTalk, but he wants

US President Donald Trump has said he is monitoring the bid by US company Oracle for the US-owned video-sharing app TickTalk, but he wants to make sure there is no compromise with national security before the deal is approved. Ho. At the same time, China’s ByteDance has decided to establish its global headquarters in the United States. The agency has taken this path to avoid US President Donald Trump’s sanctions.

Oracle is involved with bytendance

Last month, Trump signed an executive order banning TickTock and WeChat, under which both Chinese companies could avoid sanctions by owning an American company. Microsoft was initially involved in negotiations with TickTalk, although Oracle has now struck a deal with ByteDance.

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Tikitak’s global headquarters will be in the United States to avoid Trump’s instructions

Meanwhile, Bidance has decided to establish its global headquarters in Tic Tac Toe in the United States. The agency has taken this path to avoid US President Donald Trump’s sanctions. Trump told reporters at the White House here that before approving the deal, he wants to make sure there is no compromise with national security and that the U.S. Treasury gets a big chunk of the business deal.

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Many Chinese apps, including Tiktok, are banned in India

China’s state-run CGTN TV said in a report on Wednesday that Tikitak would remain the majority partner of the new company, headquartered in the United States, according to plans presented to U.S. officials. Technology company Oracle will be a minority shareholder. The report said Walmart would be another minority shareholder. Global retailer including Microsoft has offered to buy a stake in Walmart TickTalk. People aware of this development said that the detailed structure of the project may change. India has also banned many Chinese apps, including TickTalk, as a threat to national security and sovereignty.

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