Oracle Deal for TikTok Is Now in Doubt

The transcript discusses the complexities of a potential deal involving Oracle, ByteDance, and Walmart, with Donald Trump's approval hinging on national security and American ownership concerns. The deal's structure includes a 20% stake for Oracle and Walmart, with ByteDance retaining 80%. However, Trump's demand for total control by Oracle and China's national security concerns complicate the situation. The outcome remains uncertain, influenced by political optics and the upcoming election.

What was Donald Trump's initial stance on the Oracle-ByteDance-Walmart deal?

• He was indifferent to the deal.

• He rejected it outright.

• He approved it in concept but had concerns about national security.

• He fully approved it without any concerns.

What percentage of the stake was Oracle expected to take in the deal?

• 20%

• 12.5%

• 7.5%

• 80%

How would the planned IPO affect ByteDance's ownership?

• It would dilute ByteDance's ownership.

• It would transfer ownership to Oracle.

• It would increase ByteDance's ownership.

• It would have no effect on ownership.

What was one of the main concerns of the Chinese government regarding the deal?

• The deal would make Oracle the sole owner of ByteDance.

• The deal would lead to a loss of revenue for ByteDance.

• The deal would endanger China's national security and dignity.

• The deal would increase American jobs.

What did Donald Trump want in terms of control over TikTok Global?

• He wanted it to be totally controlled by Oracle.

• He wanted it to be partially controlled by Oracle.

• He wanted it to be controlled by Walmart.

• He wanted it to remain under ByteDance's control.