 "Donald Trump")
US President Donald Trump has announced a proposed deal on TikTok involving two American companies — Oracle and Walmart —that would allow the US operations of the Chinese video-sharing application, which was placed on a ban list due to security concerns.
The deal mandates the creation of a new American company TikTok Global —incorporated in Texas — and the prospect of 25,000 new jobs. Further, TikTok will give $5 billion to fund the education of American youths.
The US on Friday issued orders to ban popular Chinese social media apps — TikTok and WeChat — from Sunday to safeguard national security. The
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