President Trump gives blessing to TikTok-Oracle deal that gives US more control over app

President Donald Trump gave his blessing to the TikTok-Oracle deal this weekend. As part of the deal, TikTok owner ByteDance will own 80% of the newly formed company, TikTok Global, which will be located in the United States.

News 12 Staff

Sep 21, 2020, 7:40 PM

Updated 1,391 days ago

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President Donald Trump gave his blessing to the TikTok-Oracle deal this weekend. As part of the deal, TikTok owner ByteDance will own 80% of the newly formed company, TikTok Global, which will be located in the United States.
Microsoft inked a deal with ZeniMax Media to buy the company for $7.5 billion and own the rights to game publisher Bethesda.
Roku and Comcast have come to an agreement to allow Peacock to stream on Roku.


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