President Donald Trump has raised eyebrows on the new development, where America’s leading software company Oracle plans to shield Chinese short video app TikTok from the intended ban in America.
The deal, which will still see China’s ByteDance keeping a majority stake in the US operations of popular social media platform, is being signed off as insufficient security and guarantee.
According to reports, there are agitations from six Republican lawmakers urging Trump to outrightly reject the proposal.
However, Trump, who has refused to comment on development, said that he would be comprehensively briefed on Thursday about the proposal.
Meanwhile, Senator Marco Rubio and five other Republican senators on Wednesday urged the administration to reject the deal as long as ties remained to Chinese owner, ByteDance.
Recall that Trump had previously threatened to ban the app unless its US operations were sold to a US company.
Join the conversation
INVESTIGATION… Delay rocks Nigerian govt’s promise of N30,000 covid-19 relief for artisans, others
Before the outbreak of the COVID-19 pandemic in February, 2020, Chukwudi Okoroigwe’s daily earnings as a bus driver was hardly enough to cater to the...
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...
INVESTIGATION….N.3bn down the drain: Why water projects for Enugu communities don’t work
In this concluding part, ARINZE CHIJIOKE talks about some of the projects that are serving the people and how various WASH programmes have failed to tackle...
INVESTIGATION…PARKVIEW ESTATE: Exclusive images of how billionaire property developer incurred Lagos govt‘s anger
Many have seen the demolished building, but not many know the circumstances that led to the teardown of the about...
INVESTIGATION… N.3bn down the drain, as Enugu communities suffer from dry taps
In November 2020, three organizations and the Enugu State government celebrated the completion of N300 million worth of projects that were expected...