Technology • Internet & Web
After Trump "blessing" of Oracle deal, the U.S. will delay TikTok app store ban by one week
After Trump "blessing" of Oracle deal, the U.S. will delay TikTok app store ban by one week
Credit: Illustration: Pendect, Logos TikTok & Oracle (Creative Commons Attribution ShareAlike 4.0)

The U.S. Commerce Department on Saturday announced a one-week delay until September 27 on order to remove TikTok app from mobile application stores owned by Apple and Google. The decision came after President Trump has given tentative approval to an Oracle-Wallmart deal that will keep TikTok alive in the country.

Trump said, on Saturday, that "I have given the deal my blessing, I approve the deal in concept."

Technology • Internet & Web
Oracle confirms TikTok deal, no U.S. government approval yet
Oracle confirms TikTok deal, no U.S. government approval yet
Credit: Pendect, Ashley Winkler – Logo via TikTok, Oracle

Oracle has confirmed that it has made a deal with ByteDance over a TikTok partnership, the company announced on Monday.

"Oracle confirms Secretary Mnuchin’s statement that it is part of the proposal submitted by ByteDance to the Treasury Department over the weekend in which Oracle will serve as the trusted technology provider," so Oracle in a statement.

"I will just say from our standpoint, we’ll need to make sure that the code is, one, secure, Americans’ data is secure, that the phones are secure and we’ll be looking to have discussions with Oracle over the next few days with our technical teams," so Secretary Steven Mnuchin, who said that the government is planning to review the deal this week.

Technology • Internet & Web
ByteDance to partner with Oracle on TikTok's U.S. operations
ByteDance to partner with Oracle on TikTok's U.S. operations
Credit: Illustration: Pendect, Ashley Winkler – Logo via TikTok, Oracle (Creative Commons Attribution ShareAlike 4.0)

ByteDance has decided to partner with Oracle on TikTok's U.S. operations instead of selling the U.S. arm. According to Reuters, the partnership is supposed to help navigate "geopolitical tensions between Beijing and Washington, people familiar with the matter said."

Technology • Internet & Web
Chinese state media reports TikTok won't be sold to Oracle denying reports
Chinese state media reports TikTok won't be sold to Oracle denying reports
Credit: Illustration: Pendect, Ashley Winkler – Logo via TikTok, Microsoft, Oracle

With Microsoft announcing that the U.S. operations of TikTok won't be sold to the technology company, rumours have broken out that Oracle will be the winner of the bid for the TikTok U.S. operations.

The Chinese state broadcaster CGTN has now reported that the TikTok owner ByteDance will sell its U.S. operations to neither Microsoft nor Oracle. ByteDance themselves refused to comment.

Technology • Internet & Web
Bytedance won't sell TikTok's U.S. operations to Microsoft
Bytedance won't sell TikTok's U.S. operations to Microsoft
Credit: Illustration: Pendect, Ashley Winkler – Logo via TikTok, Microsoft

Bytedance has decided to not sell TikTok's U.S. operations to Microsoft.

"ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft. We are confident our proposal would have been good for TikTok’s users while protecting national security interests," so Microsoft in a statement on Sunday.

Politics • American • US
Trump signs executive order banning business between U.S. citizens and TikTok from in 45 days on
Trump signs executive order banning business between U.S. citizens and TikTok from in 45 days on
Credit: Illustration: Pendect, Logo TikTok

The president of the United States Donald Trump has followed through with his announcement to make a move against the social media application TikTok with the help of an executive order. In the signed executive order, Trump outlaws all transactions between ByteDance, which is the parent company of TikTok, and citizens of the United States. The reason for that are national security concerns according to Trump.

The outlined transaction ban in the executive order will become effective in 45 days and most likely prevent the application from being downloaded or updated.

Technology • Internet & Web
Kevin Mayer becomes TikTok’s new CEO
iPhone displaying the tik Tok app
iPhone displaying the tik Tok app Credit: Kon Karampelas

Kevin Mayer, the executive who led Disney's streaming efforts, is leaving the company to become the CEO of TikTok.

Founder Yiming Zhang will continue to serve as ByteDance CEO, while TikTok President Alex Zhu will become ByteDance’s VP of product and strategy.