Chinanews client, Beijing, September 17 (Reporter Wu Tao) In the next few days, TikTok's US business turmoil may usher in the final conclusion.

　　Earlier, US President Trump issued an executive order stating that TikTok's US business must be sold before September 20.

　　According to CNBC reports, on September 16, US local time, Trump said at a White House press conference that he would hear a report on the TikTok transaction on the morning of the 17th and expressed his "unhappy" with TikTok's "California on the Cloud" plan. .

US President Trump.

　　Earlier Trump said that the government should collect a large sum of money from the TikTok transaction because "we made this transaction possible."

But now he is "surprised" that this is not feasible.

"Trump stated that he was told there was no legal way to do so, and there has never been such a precedent before." CNBC reported.

　　Before that, the TikTok problem ushered in a turning point.

　　After Microsoft stated that the purchase of TikTok was rejected, on September 14th, US time, Oracle stated that it had reached an agreement with TikTok's parent company, Bytedance, to become its "trusted technology provider", but the agreement still needs the US government's approval.

　　TikTok also issued a statement on the 14th, U.S. time, stating, "It has submitted a plan to the U.S. Department of the Treasury. I believe this solution can solve the security concerns of the US government and help TikTok continue to support operations in the United States."

　　ByteDance told a reporter from Chinanews.com, "The content of the response is true."

　　Oracle is an American enterprise software company headquartered in California, USA.

So some netizens said, "TikTok is California on the cloud."

　　According to foreign media reports, if the plan is reached, Oracle will provide TikTok with cloud services, similar to Apple’s plan for data compliance in China from Guizhou on the cloud, and does not involve the previous US President Trump’s request for TikTok to be sold. No TikTok core technology transfer is involved.

　　On September 14, US Treasury Secretary Mnuchin said in an interview with the media that the Treasury Department received a proposal over the weekend that Oracle, as TikTok's trusted data security compliance partner, represents the resolution of US national security issues.

The deadline for the final solution is September 20.

　　Mnuchin said that two procedures are currently underway, one is the review of TikTok by the US CFUIS (Commission on Foreign Investment in the United States), and the other is a national security review based on the President's Executive Order.

　　After TikTok’s plan to hold Oracle in hand was confirmed by the media, Trump said on the 15th, “I heard that they (Oracle and TikTok) are very close to reaching an agreement, and we will soon make a decision.”

　　On September 15, U.S. time, TikTok's proposal had more content flowing out.

　　"Financial Times" quoted a source as saying that the plan shows that Bytedance is still TikTok's controlling shareholder.

Oracle will hold a minority stake in TikTok, and Walmart may also hold a minority stake.

However, specific details may change.

Byte bounce data graph.

　　According to data disclosed by TikTok, in the United States, hundreds of thousands of small businesses and creators rely on TikTok to make a living and develop meaningful businesses.

At present, TikTok has been downloaded more than 165 million times in the United States, and the number of monthly active users exceeds 91 million.

　　The Financial Times quoted two negotiators as saying that Bytedance proposed to keep TikTok's headquarters in the United States and plans to expand the local team by 20,000 people.

On August 3, Bytedance had stated that it was considering re-establishing TikTok's global headquarters in major markets outside the United States.

　　However, according to foreign media reports such as Reuters, US Republican Senator Josh Hawley (Josh Hawley) issued a letter on the 15th calling on CFIUS to reject the cooperation between Oracle and TikTok; US Republican Senator Marco Rubio said that if TikTok still If it is associated with Bytedance, the TikTok Oracle transaction should be cancelled.

　　At present, we still need to wait when the boots on TikTok's US issue can be implemented. Trump's statement after hearing the TikTok transaction report on the 17th has become an important window for the direction of the incident.

(Finish)