TikTok deal is under close scrutiny, says Kudlow

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TikTok deal is under close scrutiny, says Kudlow




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WASHINGTON (Reuters) – WalMart and Oracle’s offer to buy the TikTok app is under intense scrutiny, President Donald Trump’s economic adviser Larry Kudlow said on Thursday, adding that it was not clear how the Chinese government would affect the deal. .

ByteDance said it had made a preliminary agreement with the two companies on its TikTok platform and that it needs US and Chinese approval, but the exact terms of the agreement signed with the White House remain vague and have not been finalized.

(By Jeff Mason)

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