After saying Friday he would ban TikTok in the U.S. starting today, President Donald Trump told reporters Saturday he has given the Oracle and Walmart bid for the popular short-form video-sharing app his "blessing," and said the deal would result in a new company called TikTok Global that will likely be based in Texas. "If they get it done, that's great," Trump told reporters.
Similar Stories to President Trump Approves U.s. Tiktok Deal, With Potential Texas Hq on Bing News
Jake Harris, Biz Journals
Sun, 09/20/2020 - 8:32am
BING NEWS:
- Who could buy TikTok?
There’s no apparent consensus on a favorite bidder yet. But some candidates seem more likely than others, legal experts and business analysts say.
04/26/2024 - 6:31 am | View Link - TikTok ban: U.S. plan to force sale faces First Amendment, logistical hurdles
Before a forced sale or ban of TikTok takes effect, experts expect the company to take legal recourse against the U.S. government.
04/26/2024 - 2:42 am | View Link - TikTok's Chinese parent company denies reports it plans to sell its U.S. business
ByteDance, the Chinese owner of TikTok, insisted Friday that it had no intention of selling the video-sharing app despite the threat of a U.S. ban hanging over it.
04/26/2024 - 1:27 am | View Link - TikTok and the U.S. government dig in for a legal war over potential ban
The Biden administration has worked to distance itself from past ill-fated TikTok ban attempts. Legal scholars say its new law might be just as legally flawed.
04/24/2024 - 10:00 pm | View Link - Who Could Buy TikTok? Here’s Who’s Been Floated As A Potential Buyer As Biden Signs Ban Bill Into Law.
A sale of TikTok has been floated before—bringing out an array of rumored big-name buyers from Walmart to Microsoft.
04/24/2024 - 4:16 am | View Link - More
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