Donald Trump says he approves TikTok Oracle deal ‘in concept’

Trump told reporters that he was giving the deal with Oracle “my blessing” and that it had addressed U.S. national security concerns.

U.S. President Donald Trump said he “approves a deal in concept” that will allow TikTok to continue to operate in the United States, after threatening to ban the Chinese-owned app in August.

He told reporters at the White House he was giving the deal with Oracle “my blessing” and that it had addressed U.S. national security concerns.

Also read: China unveils sanctions regime after U.S. ban on TikTok, WeChat

About 100 million Americans use TikTok and U.S. officials have expressed concern about user data and the potential for China to access that data.

“The security will be 100%,” Mr. Trump told reporters. “Conceptually it’s a great deal for America.”

Also read: Microsoft’s proposal to partner TikTok in US rejected, Oracle wins…

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