Donald Trump has given his “blessing” to ByteDance’s deal with Oracle to keep TikTok operating in the US, after he had threatened to ban the Chinese company’s popular short-video app.
“I have given the deal my blessing, if they get it done that’s great, if they don’t that’s fine too,” Mr Trump said. “I approved the deal in concept.”
The US president’s backing comes after intense negotiations between ByteDance and the Trump administration over concerns the app posed a threat to national security.
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