Oracle close to sealing TikTok deal, says Trump

SILICON Valley tech giant Oracle is “very close” to sealing a deal to become the US partner to Chinese-owned video app TikTok to avert a ban in the United States, President Donald Trump said yesterday.

Trump’s comments came a day after US officials confirmed that Oracle was set to make a deal with TikTok parent ByteDance ahead of a deadline set by the US president, who has called the app a national security threat.