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Trump Told Ellison, McMillon He Wants U.S. Paid in TikTok Deal

Larry Ellison

Larry Ellison

Photographer: David Paul Morris/Bloomberg
Updated on

President Donald Trump told Oracle Corp. Chairman Larry Ellison and WalMart Inc. Chief Executive Doug McMillon on Friday that he still wants the government to receive a payment as part of a deal for the U.S. operations of the TikTok video-sharing app.

Trump spoke with the two men by phone as he weighs whether to approve the transaction with TikTok’s Chinese owner, ByteDance Ltd., according to people familiar with the matter.