US President Donald Trump said that he had met with many people about Tiktok’s sale and that there was a great interest in implementation. President, Tiktok’un decision on the future will probably make the next 30 days, he added.
Are Tiktok US operations go to Oracle?
According to Reuters, the Trump administration is working on a plan that will enable Oracle and a group of foreign investors to control US operations of Tiktok. According to the agreement, Tiktok’s Chinese -based parent company ByTedance will continue to have a share in the company. However, important data collection and software updates will be inspected by Oracle.
Trump said he did not directly meet with Oracle CEO Larry Ellison about Tiktok. The President also stated that he was not pursuing an agreement with Oracle. “No, not with Oracle. Many important people talk to me to buy and I will probably make this decision within the next 30 days. ”
The conditions of the possible agreement vary. Sources say that negotiations may include not only the US market, but also Tiktok’s global operations. In addition; Susquehanna International Group, the current US investors of ByTedance, also foresees the participation of General Atlantic, Kohlberg Kravis Roberts and Sequoia Capital.
The problem of Tiktok has been going on for months due to the Chinese origin of the Trump administration. In 2020, Trump signed a decree that Tiktok had to be sold to a US company until mid -September to continue to operate in the USA. This period was later extended until January 19, 2021.
Source link: https://shiftdelete.net/trumptan-tiktok-satisi-icin-ilk-resmi-aciklama-geldi