WASHINGTON – President Donald Trump said Saturday he's given his “blessing” to a proposed deal between Oracle and Walmart for the U.S.
operations of TikTok, the Chinese-owned app he's targeted for national security and data privacy concerns.Trump said the proposed deal will result in a new company likely to be based in Texas and under the control of U.S.-based Oracle and Walmart.“I have given the deal my blessing,” he said. “If they get it done, that’s great.
If they don’t, that’s OK too.”Trump has been demanding that TikTok, a video app popular with younger people, be sold to a U.S.
company or else its U.S. operations shut down. He's also been targeting WeChat, another Chinese-owned app. The dispute over the two apps is the latest.