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Trump says tech company Oracle Corp could take over TikTok in the U.S.

Click to play video: 'Trump says Oracle would be a good company to take over TikTok’s business' Trump says Oracle would be a good company to take over TikTok’s business
WATCH: Trump says Oracle would be a good company to take over TikTok’s business – Aug 18, 2020

U.S. President Donald Trump said on Tuesday that Oracle Corp is a good company and could take over popular Chinese-owned social media app TikTok in the United States, after he issued an order mandating its sale in 90 days.

Read more: Trump orders TikTok’s Chinese owners to divest U.S. operations within 90 days

The remarks came after Oracle joined some of the investors of TikTok’s Chinese owner, ByteDance, in pursuing a bid for the short-video app’s operations in North America, Australia and New Zealand, Reuters reported.

Click to play video: 'Why does the Trump administration hate TikTok?' Why does the Trump administration hate TikTok?
Why does the Trump administration hate TikTok? – Aug 13, 2020

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