U.S. social media apps TikTok and WeChat both received reprieves over the weekend that helped avert disruptions. President Donald Trump said he continued to back ongoing negotiations between TikTok, which is owned by Beijing-based ByteDance, and two US-based firms: technology giant Oracle and retail giant Walmart. According to the most recent terms of the deal being negotiated, the two firms would control 20% of a new TikTok operation, with the rest being owned by its Chinese parent company.”]
Source: https://www.cuinfosecurity.com/as-tiktok-negotiations-continue-us-app-ban-gets-delayed-a-15029