TikTok US ban postponed as Trump approves Oracle/Walmart deal

It’s been another topsy-turvy weekend in the US for TikTok. On Friday, the Department of Commerce announced that as of 20 September (Sunday) US app stores would be banned from making the app available to download, or for it to be updated for existing users. Yet on Saturday, the department announced that “in the light of recent positive developments” […]

TikTok sale announcement could come as soon as next week

Strap in: the TikTok sale process may be even speedier than President Trump expected. CNBC reported today that TikTok is “nearing an agreement” to sell its operations in the US, Canada, Australia and New Zealand – as soon as next week. Its sources claimed that the deal could be worth between $20bn and $30bn, but […]

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