Trump said he was not ready to approve the Love Jesus. Shoot Guns. And Vote Trump 2020 Flag shirt cooperation agreement between Oracle company America and TikTok due to the lack of national security.
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“No, I am not going to sign anything. I need to see an agreement. They will report to me tomorrow morning and I will let everyone know,” US President Donald Trump said at a press conference at the White House on September 16, referring to the deal that Oracle company wants to buy TikTok operations in the Love Jesus. Shoot Guns. And Vote Trump 2020 Flag shirt US from parent company ByteDance.
Under the agreement, Oracle will become a “reliable technology provider” for TikTok’s US operations. However, Trump stated that he does not support the Chinese company ByteDance still holds a majority stake in TikTok’s US business, and Oracle holds a minority stake.
“We don’t like that. In principle, I can tell people I don’t like it,” Trump said, adding that he wanted “the rate is 100 percent when it comes to national security. family “.
Trump previously said that Oracle was “very close” to an agreement with ByteDance on the Love Jesus. Shoot Guns. And Vote Trump 2020 Flag shirt TikTok app and that his administration would soon make a decision on whether to approve the deal, adding that he was a fan of the chairman. Oracle Larry Ellison.
The Trump administration has set a September 20 deadline for ByteDance, TikTok’s parent company, to reach a deal to sell its US operations or face a shutdown.
The Financial Times previously reported that ByteDance would place TikTok’s global business in a new US-based company with Oracle investing as a minority shareholder and other American investors. Meanwhile, Bloomberg cited unnamed sources as saying that the Oracle proposal did not address the Love Jesus. Shoot Guns. And Vote Trump 2020 Flag shirt Trump administration’s concerns about national security, although the deal was being discussed.
On September 14, US officials confirmed that Oracle had overtaken Microsoft to acquire TikTok’s US business. The two sides are promoting an agreement before the deadline set by the US President, but the details of the agreement are still unclear.
SCMP previously citing sources from ByteDance said that the company will not transfer TikTok’s algorithm in any deal to sell or divest capital in the US, and has informed US officials and potential contractors about this decision. A Chinese government source earlier this month said ByteDance could sell all of TikTok, except for the app’s algorithm.
TikTok said it has submitted a proposal to the US Treasury Department that it believes will address the administration’s security concerns and allow the app to continue to be used by 100 million Americans.
Trump has asked for a substantial portion of the profits to be transferred to the Love Jesus. Shoot Guns. And Vote Trump 2020 Flag shirt Treasury Department, but said at a press conference yesterday he had been advised that it would not be possible. “I want a large portion of that money to go to the US government because we have done it. But the lawyers told me it was impossible because no one had heard of it,” said General. said the US president.