After the United States banned the downloading of the Chinese short video app ”TikTok”of being considered a threat to national security which led to an escalating dispute with China and United States.The app is now moving on an agreement with “Oracle” as its technical provider in the United States, and “Walmart” as the commercial partner.
The announcement came a day before a federal ban took effect on the Chinese company that owns the app.
A spokesman for TikTok, which is owned by ByteDance, told France Presse, “We are pleased that the offer submitted by TikTok, Oracle and Walmart will solve the security concerns of the US administration and end questions about the future of TikTok in the United States.”
The spokesman added that Oracle will become “the reliable technology provider responsible for hosting data for all users in the United States and securing the associated computing systems to ensure that all US national security requirements are fully met.” “We are also currently working with Walmart on a business partnership.”
US President Donald Trump earlier described the initial agreement between TikTok, Oracle and Walmart as wonderful, saying he gave his “blessing” for the deal.