Security News > 2020 > September > Trump Backs Proposed Deal to Keep TikTok Operating in US
President Donald Trump said Saturday he's given his "Blessing" to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart and form a U.S. company.
"We are pleased that the proposal by TikTok, Oracle, and Walmart will resolve the security concerns of the U.S. administration and settle questions around TikTok's future in the U.S.," TikTok said in a statement.
Trump has been demanding that the U.S. operations of TikTok be sold to a U.S. company or else be shut down.
On Saturday, Trump said the U.S.-based TikTok "Will have nothing to do with China." TikTok says it has 100 million U.S. users.
Commerce said Saturday that it will delay the barring of TikTok from U.S. app stores until Sept. 27 at 11:59 p.m. Commerce is imposing similar restrictions on WeChat, although all of the restrictions on that app are set to go into effect Sunday night at 11:59 p.m. Earlier Saturday, WeChat users asked a U.S. judge to block the government's actions, saying they would restrict free speech.