【Germany】

Source：Exquisite Information Network Editor：Shopping Time：2025-06-26 12:58:29

The Germanylooming and questionably possible TikTok ban seems to have been averted, with TikTok having shared the broad strokes of a pending deal on Twitter.

The social network's PR account released a statement running through the top-level details on Saturday night. "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," the statement begins.

Oracle chimed in shortly after to share TikTok's statement and voice its own endorsement of the deal. "We look forward to working with you," the tweet read.

If the deal goes through, Oracle will become TikTok's "trusted technology provider" in the United States, meaning the company will host and keep secure all of TikTok's user data on U.S. soil. The statement also notes that Oracle is working with Walmart "on a commercial partnership as well."

This Tweet is currently unavailable. It might be loading or has been removed.

The two companies will share a 20 percent stake in TikTok, and the social network will "maintain and expand" the headquarters of TikTok global somewhere in the U.S. (the company already has bi-coastal offices here).

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In a corresponding move, the Commerce Department confirmed that it would push back an imminent ban on TikTok downloads and updates in the U.S. by one week. Without that intervention, the threatened ban would have gone into effect on Sunday, Sept. 20.

The effort to ban the platform originally arose out of Donald Trump's insistence that TikTok, which is own by the Chinese firm ByteDance, represented a national security risk. Pressure for a deal to happen mounted in recent weeks as executive actions threatened an outright ban.

It's true that a recent security law passed in China allows the government to access data belonging to Chinese companies. But TikTok, which isn't even available in China, maintains that U.S. user data is stored in Virginia, with a backup kept in the sovereign city-state of Singapore. TikTok ceased operations in Hong Kong back in July, as a response to the Chinese security law.

【Germany】

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