September 22, 2020 10:00 am
Illustration by Alex Castro / The Verge
Original Link: https://www.theverge.com/interface/2020/9/22/21449229/tiktok-deal-trump-oracle-walmart-cynicism
Cynicism suggests that the TikTok deal will go through
Illustration by Alex Castro / The Verge
Mark Twain is credited with first saying that if you don’t like the weather in New England, just wait five minutes. The TikTok deal has followed a similar schedule.
On Friday, President Trump said downloads of TikTok would be banned from mobile app stores on Sunday, potentially preventing users from receiving critical security updates.
On Saturday, Trump said he supported Oracle’s bid to acquire a stake in TikTok and oversee some of its operations, and extended the ban date to September 27th. As part of the deal, he said, the companies involved had agreed to contribute $5 billion for “patriotic education.”
On Sunday, everyone involved took a well deserved rest. And as Monday dawned, everything went to hell.
Everyone agrees that Oracle...
Original Link: https://www.theverge.com/interface/2020/9/22/21449229/tiktok-deal-trump-oracle-walmart-cynicism
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge