Us Government Tiktok Approval: Chinese company tickets have been allowed by President Donald Trump with certain conditions to continue working in the US. American investor Oracle will buy most of the stake in this new deal.
Tiktok us operations deal: The uncertainty that has been going on for months is now over. Social media platform tickets, with the favorite of youth, have been allowed to continue work in the US. President Donald Trump on Thursday signed the order with certain conditions. Trump has approved the deal, causing the activity of American users of tickets to be under the control of American investors and will not be leaked.
Last year, former President Joe Biden ordered that the Chinese company bytedens would have to sell tickets to an American company earlier this year, otherwise the tickets will be banned across the country. However, when the administration was trying to reach an agreement on the sale of the social media company, Trump signed the orders allowing tickets to work in the US.
Trump made it clear that he had spoken to Chinese President Xi Jinping. He also talked about tickets and he allowed us to move forward. It is being run by American investors and American companies, who are the best, best investors and the largest. The youth really wanted this to happen. Extremely capable American investors like Larry Ellison and Oracle are taking and running it in their hands. He also made it clear that Oracle will play a huge role in security and all other cases.
Although the owner of the ticket is bytedens, but most of the stakes to continue work in the US will be given to American investors. A group of American investors, including Oracle and Silver Lake, will buy most of the new ticket company stake in the US. To follow the law ‘Sell or Bain’ the law will be able to hold less than 20% stake. Although a person will be in the Director Board from Bitdens, he will be excluded from matters related to safety or associated committees.