US President Donald Trump believes that the American corporation Oracle can acquire the social network TikTok, but the deal must be completed before September 15.
вЂњI think Oracle is a great company, its owner Larry Ellison is an amazing person. I think Oracle can handle this (with the deal). We gave it until September 15th, after that TikTok will be closed. Microsoft or other companies can buy TikTok, but the US should get a share, our Treasury should be well compensated, вЂњTrump said.
Oracle has held preliminary talks with Chinese company ByteDance to acquire TikTok in the US, Canada, Australia, and New Zealand.
Recall that on July 20, the House of Representatives of the US Congress approved an amendment to the draft defense budget for the next fiscal year (starting in the country from October 1) to ban the use of TikTok in government agencies. According to the American authorities, this program collects data that can be used to carry out cyberattacks on the United States.
In turn, US Secretary of State Michael Pompeo threatened China with sanctions for espionage on the social network TikTok. According to the latest estimates, the number of TikTok users worldwide exceeds 800 million. The social network is used in 150 countries.