Trump raises questions about talk-oracle deal when ByteDance becomes tyme


US President Donald Trump on Wednesday questioned questions about China’s plans to hold a majority stake in US operations of popular social media platform Tickcock, when six Republican lawmakers urged him to reject the proposal.

Trump said he would be briefed on Thursday about a proposal that calls Oracle To become a “trusted technology provider” Of tiktok US operations, but they did not favor the idea of ​​maintaining control of the Chinese firm.

Senator Marco Rubio and five other Republican senators on Wednesday urged the administration to reject the deal until relations with the Chinese boss remain ByteDance, And suggested that the President may block the proposal.

Trump had Previously threatened To ban the application until its US operations were sold to an American company and the US government received a portion of the proceeds.

“Obviously I can tell you I don’t like it,” Trump asked at a news conference about a proposed proposal to give Oracle only a minority share. “I’m not ready to sign anything. They’re gonna report to me tomorrow morning and I’ll let you know.”

Rubio, the first senator to call the administration to investigate Tittock over censorship concerns, remained about Oracle’s role, citing “serious questions” the technology would provide to Bytdans, and in a letter to Trump Future of application algorithms.

“We are opposed to any deal that would allow China-based or controlled entities to maintain, control or modify the code or algorithms that operate any US-based version of TickTalk.”

“We are delighted that the deal still requires government approval, and if reports pointing to this proposed deal will maintain links to ByteDance or other Chinese-controlled entities, we will ask the administration to do so on national security grounds Strongly urges to reject K’s proposal. “

Late Wednesday night, Senator Ted Cruz sent Trump a separate letter arguing that the Oracle ByteDance deal “failed to meet the intent of the President’s executive orders” and “raises serious national security concerns.”

White House press secretary Kayle McNee previously told reporters that a decision would be made “in short order”. White House economic adviser Larry Kudlow said the question of security and ownership is paramount.

The Rubio letter, which is also signed by Senators Thomas Tillis, Rick Scott, John Cornyn, Roger Wicker and Dan Sullivan, is part of a growing rant of lawmakers questioning the deal.

On Monday, Republican Senator Josh Hawley sent a letter to Treasury Secretary Steve Mnuchin, the head of a national security panel reviewing the proposal, calling for a possible Chinese call if the deal was probable. K does not allow “complete liberation”. Control of the Communist Party. “

US national security officials fear that ByteDance may provide US user data to the Chinese government. But Trump may not want to alienate 100 million-American-American users for the November 3 elections.

Trump has also stated that he is a fan of Oracle co-founder and president Larry Ellison, One of the few technical officers to openly support him.

Meanwhile, China has updated it Export control rules Saying the transfer of technology to a foreign buyer, such as Ticketok’s recommended algorithm. Chinese officials have said that BiteDance should not be forfeited in any deal by the United States.

Oracle announced on Monday it was part of a Offer by bytdance No further details of the terms of the deal have been given to the US Treasury Department, serving BiteDance as a “trusted technology provider”.

© Thomson Reuters 2020


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