A Deal Between TikTok and U.S.-Based Oracle Will Need Beijing’s Approval, the App’s Owner ByteDance Said Posted byKate Duffy September 17, 2020 Leave a comment on A Deal Between TikTok and U.S.-Based Oracle Will Need Beijing’s Approval, the App’s Owner ByteDance Said ByteDance wants to keep its share of the video app as part of the deal, but President Donald Trump told a press briefing Wednesday he was “not prepared to sign off” on it.