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TikTok Part 6: The Showdown

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Microsoft Trying to Buy TikTok and It Didn't Happen

Kurt Schulte: TikTok had come up with some crafty corporate restructuring, where they would spin off a new company called TikTok Global. He says it didn't address the fact that TikTok is still a majority owned by a Chinese company. Trump said he wanted this to be 100% owned by a US company and for it to be completely spun off, away from China,. But apparently Oracle was able to convince Trump.

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