Oracle’s TikTok Deal Takes Shape With Some Trump Demands Unmet

Oracle’s TikTok Deal Takes Shape With Some Trump Demands Unmet

Oracle's proposal for dealing with Donald Trump's TikTok "problem" does not include a payment to the US, according to reports out Tuesday afternoon. If true, this appears to preclude the kind of Bonanno-style shakedown the president suggested should be part of ByteDance's forced divestiture. Trump, you'll recall, claimed the US should receive a cash payment from the buyer, although it’s never been clear under what authority such a demand could be made. Once it became apparent that Oracle, no
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6 thoughts on “Oracle’s TikTok Deal Takes Shape With Some Trump Demands Unmet

  1. So how does any of this address the supposed security issue? “TikTok’s Chinese parent will retain control of the algorithm” and what’s to stop Oracle from sharing data with their “business partners”. Kabuki anyone?

    1. Doesn’t the Chinese government have the power to stop the deal? It seems to me that Xi will gladly sacrifice Tik-Tok (meaning shut it down) rather than let the US take it over (even if it’s only a matter of appearances).

  2. There might not be a finder’s fee for the US coffers upon completion of the deal, but I am certain a hefty contribution will take place from the pockets of the hierarchy at Oracle to the accounts of the Trump re-election campaign, every day Trump remains in power this country dies a little

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