(ANSA) - NEW YORK, SEPTEMBER 20 - Donald Trump has given his "rough" blessing to the agreement for TikTok: "I have approved it" and the new company that will be born will be "in total control" of Oracle and Walmart.
"It's a great deal for America," says the American president, fearing the hypothesis that the new company's headquarters will be in Texas.
TikTok has confirmed the agreement, which provides that Oracle is its 'technology partner' and that it can acquire a 20% stake in the company together with Walmart. Oracle will also be a minority investor in TikTok Global, of which it will be a technological partner, or more exactly. a "trusted technology provider," says Oracle in a statement, noting that it will have 12.5% of TikTok Global.
But the US restrictions on TikTok are postponed by a week to September 27, the US Department of Commerce says.
The stop should have taken place in the night between today and tomorrow, but the negotiations have imposed a postponement.
In fact, Beijing has once again accused the United States of "bullying" and has announced countermeasures, including the imposition of limits on the activity of foreign companies that "undermine China's national sovereignty and its interests in security and development".
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