TikTok

Trump administration to review Oracle’s TikTok deal this week

Panel will recommend whether to approve ‘technical partnership’ with China’s ByteDance

The Trump administration is to review the “technical partnership” deal struck between Oracle and ByteDance, the Chinese group that owns TikTok, before deciding whether to approve the agreement.

The deal — which falls short of a full sale — comes as the video-sharing app has been caught up in an escalating tech war between Washington and Beijing.

After originally threatening a complete ban of TikTok, which has soared in popularity in recent months, President Donald Trump last month said he would allow an American company to buy TikTok’s US operations, setting a September 20 deadline.

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