After previously expressing support for Oracle’s planned partnering with TikTok, the Trump administration took a step back from the deal Friday with the Commerce Department putting prohibitions on transactions related to the video-sharing platform and, separately, on the mobile communications app WeChat, both owned by Chinese companies.
President Trump had said at a Wednesday news briefing he was not prepared to sign off on the TikTok deal until he was completely certain that national security concerns had been satisfied and either TikTok parent ByteDance or China agreed to pay a negotiated sum to the U.S. government.
The Commerce Department said its action is a follow-up to Trump’s Aug. 6 executive orders curbing TikTok and WeChat activities over national security concerns. Both apps, the agency said, collect “vast swaths of data from users, including network activity, location data, and browsing and search histories.”
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