Trump gives his 'blessings' to TikTok deal with Oracle, Walmart one after download ban

US President Donald Trump anunced his support for  proposed TikTok deal with Oracle and Walmart for US operations of Chinese social media app on Saturday, September 19. In past, Trump accused TikTok and or Chinese apps such as WeChat of posing a ‘national security risks’ as he claimed se apps shared personal user data with authorities in Beijing.

Read: TikTok Files Lawsuit In Federal Court To Block US Ban, Cites Freedom Of Speech

'Have given my blessing': Trump

After declaring TikTok a national security risk and even preventing federal employees from having app on ir office devices, Trump last month signed an executive order last month that would ban TikTok and or Chinese apps from operating in US. only way for TikTok to avoid ban was to sell its US operations to an American company.

With new deal, Trump said TikTok could w be based in Texas under Oracle and Walmart's control in US. US President added “I have given deal my blessing,” he said. “If y get it done, that’s great. If y don’t, that’s OK too”.

Read: Trump Anticipates Quick Settlement For TikTok Deal, Says It 'may Come Shortly'

TikTok will t sell its algorithm

While TikTok might have to sell its US operations in order to continue functioning in America, ByteDance, TikTok’s parent company, is unwilling to part with popular Chinese social media app's algorithm. parent company has made it clear that apps source code is t up for sale.

As per reports, decision to t add algorithm to sale was made in order to comply with a new techlogy export control list that states that official permission is required if ByteDance wants to send TikTok’s algorithm abroad.

(With AP Inputs)

Read: China Lambasts US, Asks It To Cease 'wrongful Actions' Following TikTok Ban

Read: ByteDance Unwilling To Sell TikTok's Algorithm, Wants US Buyer To Develop New Code: Report