Posted on 09/21/20
| News Source: MATZAV
President Donald Trump said Saturday he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart to become a U.S. company.
Trump has targeted Chinese-owned TikTok for national security and data privacy concerns. The announcement comes just a day after the Commerce Department announced restrictions that if put in place could eventually make it nearly impossible for TikTok fans to use the app.
Join BJL status for engagements, births, deals, levayos, events & more: bit.ly/32HUBnJ
Join an official BJL WhatsApp group for breaking news as it happens: bit.ly/34zdGuF
Trump said if completed the deal would create a new company likely to be based in Texas.
“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.”
Read more at NEWSMAX.