SHANGHAI -- U.S. President Donald Trump said Monday that he would not consent to a deal to allow TikTok to stay in business unless Oracle and Walmart were in the driver's seat of the new U.S.-based company that would run it.
President threatens to block deal unless Oracle and Walmart hold command
Both ByteDance and Washington assert that their respective side will control TikTok's international operations after the planned deal with Oracle and Walmart. © Reuters
SHANGHAI -- U.S. President Donald Trump said Monday that he would not consent to a deal to allow TikTok to stay in business unless Oracle and Walmart were in the driver's seat of the new U.S.-based company that would run it.