The TikTok saga continues
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The TikTok saga continues
Jumping Trout, LLC
(CNET, 2020) TikTok has a new owner, so what does that mean for the future of the most popular social media app? The immediate future remains a little unclear for now, but there are some big changes on the horizon.
In case you've been living under a rock for a few months, you wouldn't know that concerns from the White House on TikTok's chinese origins brought a presidential ban of the social media app if it wasn't sold to a US company. TikTok's parent company, ByteDance, is a China-based company that owns TikTok. The president was concerned over national security and the apps ability to take information from citizens and sell it to the chinese government.
Since then, a deal was proposed with Oracle that can satisfy American national security concerns, and meet the needs of TikTok's users. Oracle confirmed the agreement in a grief statement Monday, saying that it was part of a proposal ByteDance had submitted to the government for review over the weekend.
While the deal still needs to be approved by the US government, we could hear an update as soon as Tuesday afternoon, according to CNBC.
If that wasn't complicated enough, TikTok also filed a lawsuit against the US government over Trump's actions. The lawsuit alleges the US government didn't allow it to respond to the national security concern cited as the reason for the potential ban. The company has repeatedly said it doesn't share user data with China.
ALSO TikTok's employees are filing lawsuits on the grounds that the order would deprive them of their livelihoods. There's no say to what will happen to those lawsuits now that TikTok has been sold.
Overall, the app isn't out of the water yet. The government could require Apple and Google to pull TikTok from their app store if the sale doesn't go through. So we all just have to hold our breath until then!
Source: https://www.cnet.com/news/tiktok-users-rejoice-over-oracle-deal-but-saga-with-trump-isnt-over/
In case you've been living under a rock for a few months, you wouldn't know that concerns from the White House on TikTok's chinese origins brought a presidential ban of the social media app if it wasn't sold to a US company. TikTok's parent company, ByteDance, is a China-based company that owns TikTok. The president was concerned over national security and the apps ability to take information from citizens and sell it to the chinese government.
Since then, a deal was proposed with Oracle that can satisfy American national security concerns, and meet the needs of TikTok's users. Oracle confirmed the agreement in a grief statement Monday, saying that it was part of a proposal ByteDance had submitted to the government for review over the weekend.
While the deal still needs to be approved by the US government, we could hear an update as soon as Tuesday afternoon, according to CNBC.
If that wasn't complicated enough, TikTok also filed a lawsuit against the US government over Trump's actions. The lawsuit alleges the US government didn't allow it to respond to the national security concern cited as the reason for the potential ban. The company has repeatedly said it doesn't share user data with China.
ALSO TikTok's employees are filing lawsuits on the grounds that the order would deprive them of their livelihoods. There's no say to what will happen to those lawsuits now that TikTok has been sold.
Overall, the app isn't out of the water yet. The government could require Apple and Google to pull TikTok from their app store if the sale doesn't go through. So we all just have to hold our breath until then!
Source: https://www.cnet.com/news/tiktok-users-rejoice-over-oracle-deal-but-saga-with-trump-isnt-over/
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