In the first place, Trump himself assured that he has given his “blessing” to the deal between TikTok and Oracle, for the foundation of a new company called TikTok Global that will create new jobs. “I have approved the deal in concept,” said the president. Trump said TikTok will keep its name and he stated: “I have given the deal my blessing. If they get it done, that’s great, if they don’t, that’s okay too. It’s a great deal for America,”.
TikTok and WeChat will not be banned in the United States. As for the WeChat messaging app, which has far fewer users in the United States, a judge blocked the government’s attempt after a request made by a group of users. Justice Laurel Beeler said the ban raises important questions related to the first amendment to the Constitution.
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The Chinese company, owned by ByteDance, has assured in a statement that the agreement will allow “solving the security problem”. Oracle will become the application technology provider in the United States to store user information and protect personal data.
President Trump also stated. “They’ll report the full scope of the deal very soon, but it will be totally controlled by Oracle and Walmart”. After these statements, it seems like TikTok and WeChat will not be banned in the US for now, and the crisis might come to an end.