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ByteDance says China will have to approve its US TikTok deal

Shortpedia

Content Team
Image Credit: shortpedia

China will need to approve ByteDance`s proposed deal with Oracle Corp for its TikTok app, the Chinese company said on Thursday, indicating how its bid to stave off a ban in the United States could be further complicated. Oracle has submitted a proposal to the Trump administration that will allow it to become a technology partner in the TikTok app, as ByteDance hopes to head off a Trump order that it divest TikTok`s US operations.