[ad_1]
Over the weekend, US President Donald Trump gave blanket approval for a deal in which software company Oracle and US supermarket chain Walmart will run TikTok’s business in the US in the future.
Trump said the two US corporations would have “total control.” “And security is 100 percent guaranteed,” as separate cloud systems would be used. TikTok’s Chinese parent company ByteDance has agreed to create 25,000 new jobs on TikTok in the US There are currently just over 1,000.
The US Department of Commerce has postponed a suspension of the TikTok app originally planned for yesterday for a week. According to one source, the US government has given this time for a final agreement.
Rain of money for educational funds?
During an election campaign over the weekend, Trump announced that TikTok would transfer $ 5 billion to a patriotic parenting education fund in Texas as part of the deal. However, the Chinese parent company was shocked: ByteDance announced yesterday that it “first heard about it in the news.”
TikTok has around 100 million users in the US President Trump describes the app as a security risk. In his view, the Chinese authorities could use the app to access the data of millions of Americans. With this justification, he laid the groundwork for the end of the application in the US with two orders. However, TikTok and ByteDance vehemently deny the allegations.
The US government is immediately disconnecting the Chinese messaging app “WeChat” due to similar criticisms: today, Monday, it will disappear from the app stores and lose most of its functions. WeChat wants to avoid that in a California court.
