TikTok sale to Walmart, Oracle takes back seat as Biden reviews security

Global Economy

Reuters
10 February, 2021, 06:25 pm
Last modified: 10 February, 2021, 06:28 pm
Oracle Corp and Walmart Inc's plan to buy TikTok's US operations has been pushed back indefinitely
The tug-of-war over TikTok is part of a larger battle. Bloomberg/Getty Images/AFP

Oracle Corp and Walmart Inc's plan to buy TikTok's US operations has been pushed back indefinitely, as President Joe Biden reviews Donald Trump's efforts to address potential security risks from Chinese tech companies, the Wall Street journal reported on Wednesday, citing people familiar with the matter.

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Oracle / TikTok / Walmart

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