US in 'deep review' of Oracle-TikTok deal, says White House economic adviser

TikTok's logo is pictured outside the company's US head office in Culver City, California.
TikTok's logo is pictured outside the company's US head office in Culver City, California.PHOTO: REUTERS

WASHINGTON (REUTERS) - White House economic adviser Larry Kudlow on Wednesday (Sept 16) said the United States was in a "deep review process" of a deal Oracle struck with the popular video-sharing app TikTok's Chinese parent company.

Kudlow said "security and ownership" were important to President Donald Trump in the review process.