Tue, 04 Oct 2022 Today's Paper

Trump backs Oracle in reported TikTok bid

20 August 2020 12:00 am - 0     - {{hitsCtrl.values.hits}}

A A A

(Washington) AFP: President Donald Trump has voiced approval of Oracle Corp’s reported bid for TikTok, the Chinese video-sharing sensation that could also be bought by Microsoft.


Reports said Oracle - whose chairman Larry Ellison has raised millions in campaign funds for Trump was weighing a bid for TikTok’s operations in the US, Canada, Australia and New Zealand.


The Trump administration has given TikTok’s parent company ByteDance a 90-day deadline to divest the app before it is banned in the United States, citing national security concerns.


Taking questions after a speech on Tuesday in Yuma, Arizona, Trump said, “I think Oracle is a great company, and I think its owner is a tremendous guy. He’s a tremendous person.


“I think that Oracle would be certainly somebody that could handle it.”


The president said the eventual buyer would have to “make sure the United States is well compensated.”
According to the Wall Street Journal, Ellison held a Trump fundraiser at his California home in February, raising US$ 7 million.


Trump’s action against TikTok came after he claimed China could use it to track the locations of federal employees, build dossiers on people for blackmail, and conduct corporate espionage.


In an online post this week, the company said, “TikTok has never provided any US user data to the Chinese government, nor would it do so if asked.”

China on Monday slammed Washington for using “digital gunboat diplomacy” in the TikTok case.


Chinese foreign ministry spokesman Zhao Lijian said TikTok had done everything required by the US, including hiring Americans as its top executives, hosting its servers in the US and making public its source code.

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Sri Lanka’s 60 Shades of White

Parliamentarians—so-called supreme legislators—wear white, the colour of

To benefit of our next generation We must conserve our environment

There is no doubt that the economic crisis which Sri Lanka is facing at the m

How shortsighted and greedy Govts. destroyed agriculture

According to the latest World Bank assessment Sri Lanka ranks fifth among cou

The Queen: End of a long-ended era - and new world order

The Queen is dead. With her, the Second Elizabethan era came to an end. Duri


MIRROR CRICKET