A planned ban of TikTok was averted Sunday after Trump approved a deal that will see Oracle and Walmart own 20% of the popular video-sharing app’s U.S. operations. The rest will still be owned by the Chinese company ByteDance. Oracle will host U.S. user data. Trump said he wanted $5 billion from the deal to go toward his so-called patriotic education commission. Meanwhile, a federal judge blocked Trump’s attempt to shut down the Chinese app WeChat, also planned for Sunday, ruling that Trump’s executive order represents a violation of free speech.
TikTok Ban Averted After Oracle-Walmart Deal Approved; Judge Blocks Trump WeChat Ban
HeadlineSep 21, 2020