Trump approved a deal to buy Tik Tok by Oracle

The American President "gave his blessing" to the IT giant's purchase of a video application. Earlier, he said that he would not approve the deal if the Chinese company Bitte Danke retains a controlling stake in the American segment of TikTok.

Us President Donald trump approved the purchase of the American segment of the social network TikTok by Oracle Corporation, reports Reuters.

According to the Agency, speaking to reporters at the White house, trump "gave his blessing" to the deal between Oracle and the Chinese company ByteDance, which owns the TikTok video app.

The head of the White house noted that the acquisition of the service solves the problems of US national security. This will also allow the app to continue operating in the United States.