Wednesday, February 10, 2021

Report: TikTok sale pushed by Trump is shelved


The Biden administration has “indefinitely” shelved a proposed U.S. takeover of the popular video app TikTok, according to a Wall Street Journal report. Last year, the Trump administration brokered a deal that would have had U.S. corporations Oracle and Walmart take a large stake in the Chinese-owned app on national-security grounds. The unusual arrangement stemmed […]

source https://www.seattletimes.com/business/report-tiktok-sale-pushed-by-trump-is-shelved/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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