The Trump-ordered sale of TikTok by its Chinese owners to US companies Oracle and Walmart has been put on hold while President Biden reviews the executive order that strong-armed it. Trump issued an executive order banning the app in the US unless ByteDance sold it to a US-owned company. Oracle, which is owned by Trump mega-donor Larry Ellison, then stepped forward to buy it and Walmart joined in later. ByteDance fought it and filed court papers contesting the executive order. The Journal sources did not indicate whether Biden's team plans to reverse the executive order entirely.

Source: Daily Mail February 10, 2021 16:55 UTC