Medicine & TechnologyPresident Donald Trump has given his approval to the agreement between Chinese-owned video sharing platform TikTok and American tech giant Oracle on Saturday, September 19.
Chinese social media platform 'TikTok' has reached an agreement with tech giant Oracle in the bid for its U.S. operations, beating Microsoft in a landmark deal that will set precedents between American and Chinese tech entities.
President Donald Trump wants the hoarded money of Apple, Google, Microsoft, Cisco, Oracle, and other cash hoarding companies to bring the money home. To do that, his administration is lobbying the tax reform incentive for congress to approve.