Chinese-owned TikTok asked a judge to block the Trump
administration's attempt to ban its app, suggesting the video-sharing app's
forced deal with Oracle and Walmart remains unsettled.
Chinese-owned
TikTok asked a judge to block the Trump administration's attempt to ban its
app, suggesting the video-sharing app's forced deal with Oracle and Walmart
remains unsettled.
An app-store ban
of TikTok, delayed once by the government, is set to go into effect on Sunday.
A more comprehensive ban is scheduled for November, about a week after the
presidential election.
President Donald
Trump set this process in motion with executive orders in August that
declared TikTok and another Chinese app threats to US national security. The
administration has offered no specifics to substantiate that charge.
Trump has pushed
for a sale of TikTok's US operations to an American company. The president said
this week that he would bless a proposed deal in which Oracle and Walmart take
a 20-per cent stake in a new US entity to be called TikTok Global. But he also
said he could retract his approval if Oracle does not "have total
control".
The two sides in
the TikTok
deal appear at odds over the corporate structure of TikTok Global. ByteDance,
TikTok's Chinese parent, said on Monday that it will still own 80 per cent of
the US entity after a financing round. Oracle, meanwhile, put out a statement
saying that Americans "will be the majority and ByteDance will have no ownership
in TikTok Global".
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