TikTok proposes to add new U.S. headquarters and 20,000 jobs to win over Trump - News Summed Up

TikTok proposes to add new U.S. headquarters and 20,000 jobs to win over Trump


The Washington Post previously reported that TikTok approached the administration with a mitigation proposal. Trump previously issued an order that would ban the app in the United States beginning Sept. 20 over national security concerns. But Oracle’s close relationship with Trump may have given it an upper hand, as it beat out Microsoft to work with TikTok. TikTok has repeatedly insisted that it is not a national security threat and that it does not share any U.S. customer information with the Chinese government. The new proposal will be taken up by the Committee on Foreign Investment in the United States, which reviews national security implications of foreign investments.


Source: Washington Post September 14, 2020 16:38 UTC



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