August 19, 2020

Trump backs Oracle in reported TikTok bid

Washington (AFP) – President Donald Trump has voiced approval of Oracle Corp’s reported bid for TikTok, the Chinese video-sharing sensation that could also be bought by Microsoft.Reports said Oracle — whose chairman Larry Ellison has raised millions in campaign funds for Trump — was weighing a bid for TikTok’s operations in the US, Canada, Australia and New Zealand.The Trump administration has given TikTok’s parent company ByteDance a 90-day deadline to divest the app before it is banned in the United States, citing national security concerns.Taking questions after a speech on Tuesday in Yum…


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