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The United States Department of Commerce announced this Saturday that will be postponed until at least September 27 the download ban Tik Tok, a measure that was due to take effect on Sunday.
This decision was made “in light of recent positive developments,” according to a press release issued shortly after Chinese-owned TikTok confirmed a proposed deal on the management of its US operations involving Oracle as a partner. technology and Walmart as a business partner.
The popular application under threat of ban in the United States, may continue to be downloaded in this country after Donald Trump gave the green light this Saturday to a draft agreement.
“I think it will be a fantastic deal,” said the Republican president, before addressing a campaign event in North Carolina.
“I gave my approval to the deal. If they succeed, so much the better. If not, it will also be fine. ”
The company, a subsidiary of a Chinese group, confirmed shortly after that it was preparing a project that involves Oracle as a technology partner in the United States and Walmart as a business partner.
The agreement also states that the two US companies can buy up to 20% of TikTok’s shares before a future public offering.
“We are pleased that the proposal from TikTok, Oracle, and Walmart addresses security concerns raised by the US administration and questions about the future of TikTok in the United States.”a company spokesman told AFP.
If it materializes, such an outcome could extinguish one of the many fires currently burning between Washington and Beijing.
You can also allow Americans to continue using this application, which is very popular with young people.
“In light of recent positive developments,” the Commerce Department has announced that it will postpone the ban on downloading TikTok until at least September 27, a measure that was due to take effect on Sunday.
Espionage
The White House tenant has been claiming for weeks that TikTok, whose parent company is China’s ByteDance, is spying on behalf of Beijing, without having made any evidence public.
In the name of national security, in early August Trump issued a decree giving ByteDance until September 20, that is, Sunday, to transfer TikTok activities on US soil to a company “made in the USA”.
The application, which allows you to broadcast short videos, often musical or humorous, has about 100 million users in the United States.
Donald Trump estimated that with the agreement between TikTok, Oracle and Walmart, “security will be 100%” and that companies will use “separate servers.”
TikTok clarified that Oracle would be in charge of hosting all user data in the United States and the security of associated computer systems.
The agreement also provides for the hiring of 25,000 people in the United States and the maintenance of the company’s headquarters in the country.
The companies involved will also make “a donation of around 5 billion dollars” for “the education of young Americans,” said the Republican president, who had insisted that the government be paid for having authorized the agreement.
Oracle and supermarket giant Walmart did not immediately respond to AFP’s requests.
On Friday, the Trump administration announced that it would prevent the download of TikTok in the United States from Sunday, as well as WeChat, an application of the Chinese giant Tencent used for messaging, shopping, payments and other services, with about 19 million users in American soil.
Sanctions
China reacted vigorously on Saturday by denouncing the “intimidation” of the United States and establishing a mechanism that would allow it to restrict the activities of foreign companies.
A list of “untrustworthy entities”, which includes foreign companies whose names have not been made public, concentrates possible sanctions ranging from fines to restricting activities or the entry of equipment and personnel into China.
Its entry into force is seen as a response to a similar list established by Washington to exclude Chinese telecoms giant Huawei from the US market and then attack TikTok and WeChat applications.
Negotiations for the management of TikTok activities in the United States had been stalled for several weeks.
A first project involving Microsoft and the distribution giant Walmart was rejected by China last weekend, leaving the field open to Oracle.
A national security committee of the United States government was commissioned to review the offer that is on the table.
Republican lawmakers have warned about the approval of a deal that would put the company under Chinese control.
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