President Donald Trump said Saturday that he approved a transaction between Oracle and TikTok that allows the Chinese application to stay in the United States.
Part of the arrangement requires the newly U.S.-based TikTok company to direct $5 billion toward teaching American children “the real history of our country,” Trump told reporters at the White House, Bloomberg reported Saturday. The president later told rally attendees in North Carolina Saturday that he is establishing a “large fund for the education of American youth.” Read More
U.S. Sen. Marsha Blackburn (R-TN) this week appeared on FOX Business Morning to discuss what she said was TikTok’s link with the Chinese Communist Party.
Blackburn discussed these matters with host Maria Bartiromo. Read More
Sen. Josh Hawley called on the Trump administration Monday to reject the partnership proposal Oracle reached with TikTok.
The Missouri Republican argued in a letter to Treasury Secretary Steven Mnuchin that the partnership won’t prohibit the Chinese Communist Party from controlling the app. Hawley said the Treasury Department’s Committee on Foreign Investment in the United States, which is responsible for approving or rejecting the deal, should reject anything other than a complete break from China. Read More
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal.
That much is known. Everything else is confusion, at least to outsiders. Read More
With the COVID-19 pandemic, racial justice protests and the looming presidential election dominating the headlines, the upcoming Supreme Court case, Google v. Oracle, has been all but forgotten.
It may seem like an inconsequential lawsuit between two Silicon Valley rivals fighting over a coveted piece of technology. But that analysis is wrong. The case has enormous potential consequences, not just for the two companies in dispute, but for countless Tennesseans and the state’s economy. Read More