TikTok, known for quirky short videos of people dancing and lip syncing, has been caught in the crosshairs of a geopolitical clash between the US and China.
The US Department of Commerce had threatened to bar new downloads of TikTok last week, but the potential ban was pushed back after President Donald Trump approved a deal “in concept” over the weekend between TikTok, Oracle and Walmart. The parties now have late Sunday to finalize an agreement that satisfies the US.
“If they get it done, that’s great,” Trump told reporters. “If they don’t, that’s okay, too.”
Chinese tech company ByteDance owns TikTok, sparking concerns the video app could be used by