Axar.az
UP

TikTok hopes three-party agreement

Home page Technology
12 Punto 14 Punto 16 Punto 18 Punto

Video-sharing social networking platform TikTok on Saturday voiced hope that an agreement reached by its Chinese parent company ByteDance with Oracle and Walmart will "resolve the security concerns of the U.S. administration and settle questions around TikTok's future in the U.S".

Axar.az reports that, the Los Angeles-based company issued a statement Saturday afternoon, hours after U.S. President Donald Trump said he had approved a deal between the three parties.

TikTok disclosed some details about the three-party agreement handed over to the authority Monday and weighted by the White House so far, saying Oracle will become its "trusted technology provider," and Walmart will play a role in "commercial partnership."

U.S. Commerce Department Secretary Wilbur Ross noted that Trump has provided until Nov. 12 for the national security concerns posed by TikTok to be resolved. "If they are, the prohibitions in this order may be lifted," Ross said.

Date
2020.09.20 / 14:55
Author
Axar.az
Comments
See also

Facebook quarterly revenue beats estimates

Facebook sued over Cambridge Analytica data scandal

Water on the Moon could sustain a lunar base

Samsung Group titan Lee Kun-hee dies

There was a problem on Twitter

Google hit by landmark competition lawsuit in US

YouTube bans misleading Covid-19 vaccine videos

iPhone 12: Apple makes jump to 5G

Twitter to pay $100,000 to Washington state

Facebook bans Holocaust denial content

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla