The Chinese government has played a role in the latest Tik Tok deal with Oracle and Walmart, seen as a reversal of President Donald Trump’s earlier stance, according to Professor Shen Yi at Fudan University.
The US administration on Saturday approved in principle a proposal from TikTok, Oracle and Walmart that will prevent TikTok from being shut down in the US. The deal involved setting up a new company in the US, named TikTok Global.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
