Trump Delays TikTok App Download Ban in U.S. Until Sept. 27 After Approving Oracle-Walmart Deal
Reading now: 587
variety.comTodd Spangler NY Digital EditorTikTok users in the U.S. got a one-week reprieve from the Trump administration’s download ban on the popular short-form video app.The announcement came after President Trump gave his “blessing” to a multiparty deal under which TikTok will become majority-owned by a group of U.S.
companies and investors: Oracle and Walmart, which together will take a 20% stake, along with American investment firms Susquehanna International Group, General Atlantic, Sequoia Capital, and Coatue Management.Given the president’s approval of the TikTok pact, the U.S.
Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
