President Donald Trump has cast fresh doubt over the future of TikTok in the US unless Oracle and Walmart have “total control” of the company.
TikTok escaped a US ban on Sunday, after striking a deal with the American companies.
China-based owner Bytedance earlier said it would retain an 80% stake in the new company, TikTok Global.
But President Trump said: “They will have nothing to do with it. And if they do, we just won’t make the deal.”