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TikTok and Oracle Spar Over Ownership, Threatening Deal


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TikTok and Oracle Spar Over Ownership, Threatening Deal

Disagreement between TikTok and its potential U.S. partner spilled into the open, with dueling messages from Oracle Corp. and the Chinese-owned video app operator over the ownership structure for a proposed U.S.-based version of the company. The squabble raises fresh questions about the fragility of a deal that President Trump signed off on in principle…

Disagreement between TikTok and its potential U.S. partner spilled into the open, with dueling messages from Oracle Corp. and the Chinese-owned video app operator over the ownership structure for a proposed U.S.-based version of the company.

The squabble raises fresh questions about the fragility of a deal that President Trump signed off on in principle over the weekend, seemingly saving the popular video-sharing app from extinction in the U.S.

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