News! US media: Trump said he "disliked" the agreement drawn up by TikTok and Oracle because the Treasury Department did not get the money
[Global News] According to CNBC, US President Trump said at the White House press conference on the 16th that he did not like the current cooperation agreement between Oracle and TikTok because TikTok’s US business will not be sold to Oracle. , And he was also told that the U.S. Treasury Department will not be able to get compensation from this transaction.
Previously, Trump has repeatedly stated publicly that after completing the transaction with TikTok, whether Microsoft or other companies, a considerable part of the money must be handed over to the US Treasury Department as compensation for facilitating the transaction.
This statement caused great controversy outside.
According to Bloomberg News, Trump said that he would listen to a briefing on the cooperation between Oracle and TikTok on the morning of the 17th.
US officials have previously confirmed that Oracle has reached an agreement with TikTok’s Chinese owner, ByteDance, to become its “trusted technology provider” so that it can circumvent the Trump administration’s ban.
On the 14th of this month, TikTok submitted a solution to the US government.
According to media reports, Oracle of the United States will provide TikTok with cloud services. This move does not involve the sale of TikTok or the transfer of its core technology.