(Bloomberg) — A U.S. national security panel reviewing Oracle Corp.’s bid for TikTok is meeting Tuesday afternoon to decide whether to recommend the president approve or reject the deal, according to two people familiar with the matter.Oracle’s proposal lacks the payment to the U.S. government that President Donald Trump has insisted be the condition of any deal, according to two people familiar with the plan. Yet the company will try to use the promise of creating 20,000 new jobs through the popular video app as a way to win his approval.Treasury Secretary Steven Mnuchin, who has played a central role …read more
Source:: Yahoo Finance
