Working to make a decision on Tiktok, says Trump after Walmart, Oracle enter talks

Washington: US President Donald Trump said he has spoken with the leadership team of Walmart and Oracle as part of his decision-making process on TikTok, the Chinese video-sharing social networking service.

Because of national security concerns, Trump last month issued an executive order to close TikTok, which is owned by Beijing-based ByteDance, to change its ownership to an American company or else it would be shut down. Initially Microsoft was involved in the talks, now both Walmart and Oracle are in negotiations with ByteDance.