0:00
very meaningful but we have American
0:01
investors taking it over running it
0:06
uh including Larry Ellison
0:09
and Oracle I guess is going to be a very
0:11
play a very big role in terms of
0:13
security safety and everything else. So
0:16
we have uh very good controls and
0:19
literally I would get a call from
0:21
friends of mine who were fathers of
0:22
young people say could you do me a favor
0:24
could you get it approved please my son
0:26
is driving me crazy so we're getting it
0:29
done and they have a big audience and uh
0:31
we have great American investors and
0:34
here's your final copy
0:38
Tik Tok you know maybe uh if you want we
0:41
could take a couple of questions on Tik
0:42
Tok and then we're going to get on to
0:44
something completely different. Okay.
0:47
Mr. President, Mr. Vice President, you
0:49
mentioned that China was resistant. Can
0:50
you describe where China is now? Are
0:52
they fully on board with this?
0:55
I I spoke with President Xi. We had a
0:57
good talk. I told him what we were doing
0:59
and he said, "Go ahead with it."
1:02
On the algorithm, um, it's still being
1:04
leased coming from China. Are you
1:06
satisfied that there's no security
1:08
concerns because it would push
1:11
The biggest reason is that it's owned by
1:13
Americans. It's uh and and very
1:15
sophisticated Americans and people that
1:18
love the country and very smart
1:20
Americans too. So they don't want
1:23
anything like that to happen. Yes,
1:24
Thank you. Is there any operational
1:26
relationship with Chinese entities or
1:28
staff to execute the deal?
1:31
With with the Chinese.
1:34
I don't think so. Not that I know. We're
1:36
going to be this is going to be American
1:38
operated all the way. and uh great
1:42
respect for President Xi and and I very
1:44
much appreciate that he approved the
1:46
deal because to get it done properly we
1:48
really needed the support of China and
1:51
the approval of China. Yes, ma'am.
