Inside the ‘Mess’ of TikTok’s Oracle Deal: 3 Things to Watch

President Trump’s “blessing” was walked back on Monday, after saying any deal that leaves control with Bytedance would be blocked

Signing a multibillion-dollar deal is never easy — and that’s especially the case with Oracle’s proposed bid to take over TikTok’s U.S. operations. The bid appeared to be nearing the finish line this past weekend, only to hit more roadblocks on Monday.

“This whole process has been a mess,” Martin Chorzempa, a research fellow at the Peterson Institute for International Economics, told the Associated Press — and that was a week ago, before the latest ups and downs.

Become a member to read more.
Sean Burch

Sean Burch

Tech reporter • sean.burch@thewrap.com • @seanb44