President Trump Gives Approval To TikTok Deal With Oracle and Walmart

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Winning. Winning. Winning.

Trump says he has given approval to TikTok deal with Oracle and Walmart

Speaking to reporters as he left for a rally in North Carolina, the president said he had approved the deal “in concept.”

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By: NBC News, September 19, 2020:

TikTok is on its way to getting a reprieve.

President Donald Trump on Saturday said he has given his “blessing” to a deal struck by TikTok, Walmart and Oracle that would avert a ban of the Chinese social media app.
Trump, speaking to reporters as he left for a rally in North Carolina, said he had approved the deal “in concept.”

But he left open the door for a situation in which the deal would fall through.

“If they get it done that’s great, if they don’t, that’s OK, too,” he said.

TikTok, which is owned by the Beijing-based ByteDance, struck a deal with Oracle this week that would move the company’s headquarters to the U.S. and give Oracle oversight of its U.S. operations. ByteDance would retain majority ownership of the company, which would be called TikTok Global.

Walmart will also be involved in the deal, TikTok said in a statement. The company said it was pleased that the deal received Trump’s approval and said that it plans to hire 25,000 people in the U.S.

Monica Crowley, U.S. Treasury Department spokesperson, confirmed the president’s approval.

“The President has reviewed a deal among Oracle, Walmart, and TikTok Global to address the national security threat posed by TikTok’s operations,” she said in an emailed statement. “Oracle will be responsible for key technology and security responsibilities to protect all U.S. user data. Approval of the transaction is subject to a closing with Oracle and Walmart and necessary documentation and conditions to be approved by CFIUS.”
Oracle also confirmed the deal and said it will take a 12.5 percent stake in TikTok Global.

“As a part of this agreement, TikTok will run on the Oracle Cloud and Oracle will become a minority investor in TikTok Global,” Oracle CEO Safra Catz said in a news release.

But that deal still needed the approval of Trump and of Chinese authorities. It now has Trump, but China could still scuttle the plan.

Trump’s statements come a day after the Department of Commerce said it would start blocking downloads of TikTok at midnight on Sunday. Commerce is also putting a more complete ban on WeChat, the Chinese messaging app.

After Trump’s comments on Saturday, Commerce said it was extending the deadline for the ban on TikTok downloads to Sept. 27.
TikTok has been the subject of U.S. government scrutiny for almost a year over concerns that the user data of Americans could be transferred to the Chinese government. Trump issued an executive order in early August that sought to prevent U.S. companies from doing business with TikTok and WeChat.
Pressure from Trump pushed TikTok to begin exploring deals with U.S. companies in a bid to avoid the executive order. The app has about 100 million users in the U.S.

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patd
patd
3 years ago

Just more Chinese crap here in the US.

felix1999
felix1999
3 years ago
Reply to  patd

Frankly I would rather see users of this spend their time on more important things than this silly stuff.

WadeBaker
WadeBaker
3 years ago
Reply to  felix1999

My wife and I were talking yesterday, how people born into the internet era have a free library to the world any time they want it. There is no excuse to be uneducated on any subject. So what do they do?

WadeBaker
WadeBaker
3 years ago
Reply to  WadeBaker

404 not found

DemocracyRules2
DemocracyRules2
3 years ago
Reply to  WadeBaker

comment image

DemocracyRules2
DemocracyRules2
3 years ago
Reply to  WadeBaker

This comment was deleted by the jerks at Disqus

dingo
dingo
3 years ago

???? I think I’m on their hit list
welcome onboard
….(sigh)

DemocracyRules2
DemocracyRules2
3 years ago
Reply to  dingo

Try switching browsers, that’s usually a quick fix. If necessary, change all other Disqus ID too. If you get banished, post replies to a comment on my home page and I will help you.

dingo
dingo
3 years ago

Gotcha

DemocracyRules2
DemocracyRules2
3 years ago
Reply to  dingo

No problem, we need you here.

Poetcomic1
Poetcomic1
3 years ago
Reply to  WadeBaker

Puppies and babies on youtube.

Bill
Bill
3 years ago
Reply to  patd

I don’t see the attraction of all the social media and picture posting. I’ve better things to do. LOL. Like make my crack-pot opinions on comment boards.

Drew the Infidel
Drew the Infidel
3 years ago
Reply to  patd

Agreed. You already knew if it was a Chink product, Walmart would have a finger in the pie.

TD
TD
3 years ago
Reply to  patd

Oracle’s first customer was the CIA.
And Larry Ellison is a Trump supporter.

Hopefully that means the CIA and other intel comms will closely watch Tik Tok now that it’s US owned.
I don’t like the Walmart idiots being involved though.

DemocracyRules2
DemocracyRules2
3 years ago

comment image

DemocracyRules2
DemocracyRules2
3 years ago

Snap-back is done, as of 8 pm EDT tonight. Trump / Pompeo did it without the UN and the E3 Euro-Weenies. Pompeo just now:
“We will not hesitate to enforce our sanctions, and we expect all @UN Member States to fully comply with their obligations under these re-imposed restrictions.”

ed
ed
3 years ago

Love OUR President !!!!!!

DemocracyRules2
DemocracyRules2
3 years ago

Snap-back is done, as of 8 pm EDT tonight. Trump / Pompeo did it without the UN and the E3 Euro-Weenies. Pompeo just now:
“We will not hesitate to enforce our sanctions, and we expect all @UN Member States to fully comply with their obligations under these re-imposed restrictions.”

CharlieSeattle
CharlieSeattle
3 years ago

The new TikTok company’s headquarters in the USA will be a CCP spy center,

Trump is dangerously naive!

felix1999
felix1999
3 years ago
Reply to  CharlieSeattle

They are buying it from the CCP. The CCP will have nothing further to do with it after the sale.
We should want in under our control. Oracle would be the better buyer for that. It’s a technology company and Ellison is a Trump supporter.

CharlieSeattle
CharlieSeattle
3 years ago
Reply to  felix1999

…tbd

EXCLUSIVE: Biden Camp Gets Thousands From Chinese Communist Party Employees, Including TikTok
SEPTEMBER 19, 2020 NATALIE WINTERS

https://thenationalpulse.com/news/ccp-bankrolls-biden/

DEMOCRATIC PRESIDENTIAL CANDIDATE JOE BIDEN HAS RECEIVED THOUSANDS OF DOLLARS FROM EMPLOYEES OF CHINESE COMMUNIST PARTY-LINKED COMPANIES INCLUDING STATE-OWNED ENTERPRISES AND TIKTOK, ACCORDING TO FEDERAL ELECTION COMMISSION FILINGS.

Totaling $9,500, the sum appears to confirm the findings of a recent U.S. intelligence report insisting the Chinese Communist Party is attempting to secure a Biden victory.

geirsmith
geirsmith
3 years ago
Reply to  CharlieSeattle

Hello,

We need the African Americans to step forth because they’re the only ones who can speak up. White Americans are cowering under the tables and are paralyzed.

They can’t talk about the proof that’s emerged that Obama’s 1. a fraud – an illegal undocumented alien from Chicago, and homosexual criminal 2. his real name is Barry Parks from Kanas – his very own family there who are KKK, lynched his real father who’s Rosa Parks’ brother-in-law.

So Obama’s really Rosa Parks nephew. The KKK in Kansas is blackmailing the Washington Establishment (that “they know things about Obama”) because they’ve got cousins in power among the Elite that comes from the South and have ruled Washington for the last 28 years. You have to reveal that the southern cousins from Kansas are blackmailing the whole Southern DC cousins (Arkansas, Texas, Hunt, Ross Perot, Sarah Palin, Bush, Dick Cheney etc… Bush) 3. Obama was cursed by a lottery draw of 666 which occurred in his home town Chicago, the same day as he gave his acceptance speech there. (Tons of videos /and even a Newsweek article carries that [Google “Belief Watch: Is Obama the Antichrist?” = Newsweek]/ are out there about that but the fake news is keeping it totally hidden.)

All you people and the blacks most of all, have to go public with all this, point by point, in their vids. Only they can talk about it. No white could touch Obama in videos. So people, you start with it and I’ll give you all the links and info step by step. Like “Deep Throat” during the Watergate. This is like the Watergate leaking that brought down Nixon. This will get Obama jailed. You people will be the famous people working out of news outlets just the same as the Reporters/Whistleblowers like Washington Post’s Bob Woodward and Carl Bernstein. Do this now before the election. Lock up the gangster Obama. Now!

This is a very hair-raising link. It’s proof beyond possible doubt that Obama’s the Biblical Antichrist. It’s kind of a pride for the black community to have produced such a historical person. But it’s sick in a way too. The only healthy way to respond to this call, is to stand up and witness against Satan-in-Person, just as the Bible said to do in the last days when the 2d Coming is announced.

https://www.newsweek.com/belief-watch-obama-antichrist-84741

Belief Watch: Is Obama the Antichrist?
BY NEWSWEEK STAFF ON 11/14/08 AT 7:00 PM EST

On Nov. 5, Todd Strandberg was at his desk, fielding E-mails from around the world. As the editor and founder of RaptureReady.com, his job is to track current events and link them to biblical prophecy in hopes of maintaining his status as “the eBay of prophecy,” the best source online for predictions and calculations concerning the end of the world. Already Barack Obama had drawn the attention of apocalypse watchers after an anonymous e-mail circulated among conservative Christians in October implying that he was the Antichrist. Former “Saturday Night Live” ingénue Victoria Jackson fueled the fire when, according to news reports, she wrote on her Web site that Obama “bears traits that resemble the anti-Christ.” Now Strandberg was receiving up-to-the-minute news from his constituents in Illinois. One of the winning lottery numbers in the president-elect’s home state was 666— which, as everyone knows, is the sign of the Beast (also known as the Antichrist). “It is very eerie, and I take it for a sign as to who he really is,” wrote one of Strandberg’s correspondents.

Don T
Don T
3 years ago
Reply to  geirsmith

I’m a big fan of Unsolved Mysteries and Conspiracy Theories, and would watch it on TV 24/7 if I could. Maybe your offering should be part of all the wonderful craziness that people swallow as believable?. . .

geirsmith
geirsmith
3 years ago
Reply to  Don T

Have you run away yet?
Scared?
You’re scared right?
I’d be scared if I were you too, because Obama’ll end up convicted to jail for life and all the liars that supported him will be on the grill with him.

felix1999
felix1999
3 years ago
Reply to  CharlieSeattle

While Tik Tok is still in Chinese hands, they will do their best to influence our election to have a Biden be win. $9,500 won’t have any influence on our election.

DEMS governors love the Chinese too. The Chinese hold “cultural’ exchanges with them to bypass D.C.. and do business deals.

Trump has been shutting down Confucius Institutes on college/ university campuses. They are nothing more than Communist propaganda institutes.

I’d hate to know how much money Russia and our other enemies are contributing to the Biden horror show to unseat Trump.

Bill
Bill
3 years ago
Reply to  CharlieSeattle

I’m not so sure. These US companies will see to it that there is no spying. Neither company wants to be implicated if that came out.

felix1999
felix1999
3 years ago
Reply to  Bill

Our laws here are too lax on privacy. That needs to change through legislation, however it is better to have Tik Tok in U.S. hands and owned by U.S. companies rather then the Chinese. Congress needs to flip red to do that. With DEMS in control there is no hope of changing that.

Poetcomic1
Poetcomic1
3 years ago
Reply to  CharlieSeattle

It will be a moneymaker for a Chinese company and at the same time provide thousands of American jobs. The Chinese are out of the stateside Tik Tok. operations and spying operations. They have PLENTY of other spy centers nationwide, especially in universities and their labs.

felix1999
felix1999
3 years ago
Reply to  Poetcomic1

If the purchase goes through, then there is at least one less spying operation on us. Other Chinese spy participants also need to go! We have too many willing, legal Americans more than happy to sell us out that are beyond the D.C. swamp,

Tim Brown
Tim Brown
3 years ago
Reply to  CharlieSeattle

exactly right… people are extremely stupid when it comes to this… a foreign country spying on us or our own government, which is what this will be…. and since it’s tied to corporations, it is the embodiment of fascism.

felix1999
felix1999
3 years ago
Reply to  Tim Brown

If Oracle and Walmart go through with this purchase, it will be OUT OF CHINESE HANDS! The purpose of this purchase is to get it OUT of CCP control. Oracle and Walmart are not “foreign companies.”

Does it come naturally to be so dense and dumb or has Trump HATRED removed whatever sanity or sense you may have had?
You are wo predicatable,factless and as brain dead as ever.

TomSJr
TomSJr
3 years ago
Reply to  CharlieSeattle

I AM SURE that Trump and his people are keeping a very good close eye on TIK-TOK. And maybe Trump also has someone overseeing it all WITHIN that company. IF TRUMP IS WISE (not smart), THIS IS WHAT HE WILL DO WHEN IT ALL COMES TOGETHER.

I never heard of TIK-TOK until it came out in the news. Of course, I do not have a cellphone either, so that could be why 😉

IF COMPANIES AREN’T SPYING ON YOU VIA YOUR PC, THEY ARE ON YOUR PHONES, I GUARANTEE IT. THOSE COMPANIES KNOW EVERY SINGLE THING ABOUT YOU AND THIS IS WHY I DO NOT HAVE ANY SOCIAL MEDIA APPS ON MY PC AND I DON’T HAVE A CELLPHONE.

Get yourself a VPN/TOR (use both) and set up a fake email account and use it whenever you comment. I am a retired I.T./Software Engineer that worked for various banks. I know how all these work. I WOULD SAY THAT MOST AMERICANS ARE NAIVE TO THE PLOYS OF BUSINESSES ON THE INTERNET, including FOREIGN GOVTS………….AND OUR OWN GOVERNMENT.

RIGHT NOW, THE NSA KNOWS YOU AND WHAT YOU ARE DOING AND EXACTLY WHERE YOU ARE, unless of course, you take the necessary precautions to shield yourself. Most people don’t want to be bothered.

felix1999
felix1999
3 years ago

I’d rather see it go solely to Oracle. It’s a good company with decent products. Larry Ellison is also a Trump supporter and quietly holds fund raisers for him.

TD
TD
3 years ago
Reply to  felix1999

You are correct. No Wallmart influence would be preferable.

Still, Tik Tok is suppose to be the next “household name” social network.
And Trump just took it from China and gave it to America.

TD
TD
3 years ago
Reply to  felix1999

I’d like to see more Silicon Valley folks get red-pilled. Larry Ellison really hates Google/Youtube.

Larry also helped his country when the CIA bought his software so they could organize their data.
which means the CIA/Intel comm may help in making sure all that Chinese junk in Tik Tok is removed or monitored.

Drew the Infidel
Drew the Infidel
3 years ago

Would you be willing to place your trust in some idiot government who caused a worldwide pandemic in a bungled biological weapons experiment?

Moderation in all things, as the old saying has it.

dingo
dingo
3 years ago

Not sure I see this as , “Winning”

did we just allow 25,000 Americans, go under commie grooming?
We’ll see

felix1999
felix1999
3 years ago
Reply to  dingo

I am truly puzzled as to how selling some sofware to us makes us grooming victims to China!
When the sale ie made with the Chinese, there is no Chinese control over it and ends the spying by them. What I would like to see is more parents stepping up, beingresponsible parents and getting their kids off this useless garbage.

dingo
dingo
3 years ago
Reply to  felix1999

You just answered your own Query
It’s always about the Children

WadeBaker
WadeBaker
3 years ago

Walmart wouldn’t let me in their store without a mask, so they can go to hell. I may never return.

TomSJr
TomSJr
3 years ago
Reply to  WadeBaker

AMEN. WE, THE PEOPLE decide who the winners and losers are in THIS ECONOMY, so if you don’t want to wear a mask, then we go elsewhere! I AM WITH YOU ON THIS!

NO WAL-MART, the very people whose products are 60% CHINESE.

felix1999
felix1999
3 years ago
Reply to  WadeBaker

They are just following Governor edicts. It’s up to the states on how they handle this.
Walmart is not alone in requiring this. It is ridiculous since we have learned how ineffective masks are with this virus.

WadeBaker
WadeBaker
3 years ago
Reply to  felix1999

I can go most anywhere else without one, so if I can live without Walmart now, I suppose I can live without them forever.

Tim Brown
Tim Brown
3 years ago

LOL what could go wrong in giving to Walmart and Oracle, companies that have made tons of money not from buying and seeling American, but buying and selling Chinese crap! This is the magician’s trick… show you the left hand while performing the trick in the right.

danE DanE
danE DanE
3 years ago
Reply to  Tim Brown

Just maybe Walmart and Oracle together will STOP the spying, STOP the kommielala conditioning of America’s youth and give most of the profits to china. china still happy? “hey, we can go to war with USA because we make billions off tikkytokky!”

felix1999
felix1999
3 years ago
Reply to  danE DanE

The OBVIOUS totally escapes Tim Brown, a NEVER TRUMPER.
Once the sale is made, the Chinese will not be able to spy on us, the company will be based in the U.S. and have no further ties with China!

danE DanE – Tim Brown is just another lying failed deceitful NEVER TRUMPER and claims to be a “Christian” graduate of Liberty University. He truly has no shame and no low is too low to go for him. He should consider getting a job at CNN.

TomSJr
TomSJr
3 years ago
Reply to  danE DanE

DON’T BET ON IT. Both companies do business with CHINA. Think they will NOT spy on Americans and the world? If Wal-Mart could not buy Chinese products, it will go out of business and/or their prices would triple. ORACLE just goes along to get along with or without the Chinese, but I am thinking that they will do whatever they can to stay ahead even if it means violating the 1st Amendment. ORACLE is NOT a conservative company, contrary to what Americans may think.

felix1999
felix1999
3 years ago
Reply to  Tim Brown

There is no “giving” it to either Oracle or Walmart. Both make money and that isn’t a crime unless you have gone totally Marxist. I don’t object to capitalism.

Once the purchase goes through it will have nothing to do with China and will be based in the U.S.. The PURPOSE of this sale, is to REMOVE it from the Chinese.
It is the CHINESE that have been using it to spy on Americans. Spying is not what Oracle or Walmart do and both are U.S. based companies!

I’d prefer Oracle buy it out right. Oracle is good technology company and Larry Ellsion who founded and heads Oracle, heads it is a huge TRUMP SUPPORTER! Ellison is one of the few that quietly holds fundraisers for Trump.

Without exception, the only time you show up here is to deride Trump and be divisive as well as fact less. Most people here are not as ignorant as you are and not easily sold on your crap talk with Trump as the target. Yeah, I know, you claim to be a “Christian”. You shame Liberty University and no better than the typical Demoncrapper. No doubt, Biden the shadow of a corrupt man is for you! Go be a NEVER TRUMPER somewhere else!

TomSJr
TomSJr
3 years ago
Reply to  Tim Brown

I AGREE. Wal-Mart is PRO CHINA.

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