WASHINGTON — President Trump said late on Tuesday that he would support Oracle’s buying TikTok, the Chinese-owned viral video app that his administration says must be sold in the next few weeks. In comments to reporters at an event in Arizona, Mr. Trump called Oracle a “great company” and said the firm, which specializes in enterprise software, could successfully run TikTok. “I think that Oracle would be certainly somebody that could handle it,” he said. The Trump administration is trying to force the sale of TikTok over concerns that its ownership poses a national security threat. Officials have said Chinese apps could provide a way for Beijing to seize Americans’ data, which TikTok and other Chinese firms deny.

Source: New York Times August 19, 2020 16:07 UTC