Forum
Hauptforum Forum: Allgemein Thread: TikTok's Oracle-Walmart deal may be closed.
TikTok's Oracle-Walmart deal may be closed. Seite: « 1 »
#1 am 11.02.2021 um 03:53 Uhr Diesen Beitrag zitieren
kafa88
unregistriert

 

 

 

 

TikTok's deal to sell its U.S. business to Oracle and Walmart could be postponed or even canceled, suggested reports.The original executive order from former President Trump urged ByteDance owners to withdraw operations in the United States due to national security concerns.He set the November 12 deadline, which has been extended twice.The companies did not comment. But any postponements could signal a softer approach to the Chinese tech giant from the new Biden administration.

 

Oracle and Walmart have been in talks with xo TikTok since September to finalize a deal in which the Chinese video app's U.S. assets will be converted to a new agency to avoid a comprehensive ban in the country.Both the Wall Street Journal and Reuters reported that the deal could be suspended, although none of the companies involved made a comment.Reuters reports that the new Biden administration will conduct a broader review of Trump's China policy, which could take months.

 

 

Olive branch

 

Industry watchers think it might ultimately take a softer tone against China and potentially weaken their decision to sell its viral video platform in the US.In this high-stakes poker game, it is very likely that TikTok sales will not ultimately happen, depending on US policy of what will turn the United States into China in terms of technology policy and signaling 'branches.' Olives' to Beijing, ”said Dan Ives of investment analysis firm WedBush.However, he suggested that TikTok was still fit to pursue the deal.

 

ByteDance and its committees may decide to proceed with this agreement upon passing the White House and [The US Foreign Investment Committee] continues to review and eliminate security concerns surrounding the TikTok platform.The company has consistently denied that Beijing was unable to force access to the data in the United States, saying the information was stored in the United States and Singapore.TikTok currently has more than 800 million users worldwide, with 100 million in the United States.

 
IP gespeichert
Seite: « 1 »

http://www.gamer-templates.de
 
 
CMS Copyright by www.Gamer-Templates.de