White House's Meadows raises doubts about plan for Chinese-run TikTok

TikTok remains predominantly Chinese-run under the Oracle Corp deal

  
A smartphone with the Tik Tok logo is seen in front of a displayed Oracle logo in this illustration taken, Septemeber 14, 2020.

A smartphone with the Tik Tok logo is seen in front of a displayed Oracle logo in this illustration taken, Septemeber 14, 2020.

REUTERS/Dado Ruvic/Illustration

WASHINGTON- White House Chief of Staff Mark Meadows said on Thursday that if TikTok remains predominantly Chinese-run under the Oracle Corp deal, that would not meet President Donald Trump’s objectives.

Meadows said the administration is still looking at details of the deal and whether it meets national security thresholds, referring to plans by China's ByteDance to keep a majority stake in the U.S. operations of the popular social media platform.

The proposal calls for Oracle Corp to become a "trusted technology provider" for TikTok's U.S. operations. 

(Reporting by Jeff Mason; Writing by Doina Chiacu; Editing by Chizu Nomiyama) ((doina.chiacu@thomsonreuters.com; 202-898-8322;))

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