Re:Trump gives nod to Oracle buyout of TikTok in US
by nightski on Wednesday August 19, 2020 @11:19AM
(#24211257)
I mean I read the article and Trump simply said they'd be a good buyer. There is nothing about "sweetheart deals" or any actual facilitation of the deal whatsoever.
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Re:Trump gives nod to Oracle buyout of TikTok in US
by rudolph9 on Wednesday August 19, 2020 @11:41AM
(#24211572)
Perhaps “sweetheart” isn’t the best description but he did make an executive order specifically targeting TikTok putting the company in position where their bargaining power is more limited. TikTok having to choose between fighting the current administration in court or selling to an American buyer within some fixed time period likely is advantageous to the buyer no matter who buyer is.