Trump and Beijing face off again: Both don’t like ByteDance’s Oracle deal but for different reasons

//Trump and Beijing face off again: Both don’t like ByteDance’s Oracle deal but for different reasons

Trump and Beijing face off again: Both don’t like ByteDance’s Oracle deal but for different reasons

US President Donald Trump and Beijing are at loggerheads over ByteDance’s deal with Oracle and Walmart for its US TikTok assets, with Trump wanting US control to safeguard national security and Beijing reluctant to approve a deal that looks like a US victory.And the war of words between the two sides risks throwing the carefully negotiated transaction into deeper uncertainty, amid worsening relations between China and the US.Trump said on Monday he would not approve a deal between Oracle and…

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By | 2020-09-22T10:15:07+00:00 September 22nd, 2020|Technology|Comments Off on Trump and Beijing face off again: Both don’t like ByteDance’s Oracle deal but for different reasons